2016 B.C. Budget Released

British Columbia released its 2016 budget yesterday. Among other tax measures, the Budget terminates the temporary tax rate increase on income over $150,000 and includes significant alterations to the property transfer tax regime. More information on the Budget can be found on the B.C. government’s 2016 Budget website:

http://bcbudget.gov.bc.ca/2016/default.htm

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