Home sale and listing activity continue trending below long-term averages in November VANCOUVER, BC…
The City of Vancouver is reminding residents to submit their empty home tax paperwork by Friday’s deadline, but it’s keeping mum on how many homeowners have declared empty homes.
The city says 89 per cent of residents have already submitted their declarations, and it expects the remainder will come in by the end of the week.
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Residents who don’t file the paperwork will automatically be subject to the one per cent tax of the property’s 2017 assessed value, as well as a $250 fine.