Chinese student files lawsuit to halt B.C.’s 15% tax on foreign purchasers

see article

If this lawsuit were to be successful it would significantly curtail the ability of the Canadian federal/provincial governments to curb the inflex of foreign investors. However, given the amount of time it takes for these kind of cases to reach a conclusion (a number of years), it is likely its effect on the real estate market will be minimal, as market parameters would have significantly changed by the date of the release of the court decision.

Featured Posts
Posts Are Coming Soon
Stay tuned...
Recent Posts
Search By Tags
No tags yet.

LexTransact Law
3601 Highway 7 East, Suite 400
Markham, Ontario L3R 0M3
T: 905 415 3735 ext. 4519
C: 647-609 3845

© 2016 LexTransact Law. All rights reserved.