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No More 2% Transition Tax

NO MORE TRANSITION TAX

The BC government introduced a transition tax when H.S.T. was eliminated back in 2013. If construction on a home was 10% complete as at April 1, 2013 and the closing was before April 1, 2015, the government charged an additional 2% tax. We are now past April 1, 2015 = no more 2% transition tax.   :)

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