New information collection on Property Transfer Tax returns in British Columbia

The Government of British Columbia recently made a regulation that will require, effective September 17, 2018, certain corporations and trusts that acquire property to disclose additional information on their Property Transfer Tax returns. The new return will require disclosure of the identity (name, date of birth, citizenship, contact details, and tax identifiers) of any individual with a “significant interest” in the corporation or trust. For more details, see: https://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax/file/legal-professionals.

Prepared by: Jennifer Flood

Jennifer Flood is an associate practicing in the firm’s Vancouver office. Jennifer’s practice focuses on taxpayer representation and tax litigation (including civil and criminal matters), and also includes personal and corporate tax planning. Prior to joining Thorsteinssons, she worked as… more »

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