The District of West Vancouver should get a share of the speculation and vacancy tax being collected on empty homes in the municipality — or be given the power to impose its own vacancy tax, says Mayor Mary-Ann Booth.
Booth was responding after municipal leaders met with Finance Minister Carole James last week to look at the figures showing how much speculation tax was collected by the province in their communities. Owners in West Vancouver paid the third-highest amount of the speculation and vacancy Sault Ste.
Marie match online in the province — behind Vancouver and Richmond — despite relatively small numbers of properties actually being assessed the tax in West Van.
Booth said that Everything West Vancouver app some issues for her, which she plans to bring up with James during a meeting at the annual Union of B. Municipalities conference next week.
While mayors of some communities have asked the province to exempt their municipalities from the vacancy tax, Booth said she thinks the measure is helpful in West Vancouver where too many homes have sat. There might be loopholes in the legislation.
People can find loopholes and ways of avoiding tax. According to information provided by the Ministry of Finance, by far the largest number of exemptions — other than to people occupying their homes as a principal residence — were for more than 3, homes being rented out to long-term tenants.
Other top reasons for exemptions to Massage windhoek Markham tax included land with no home on it, phased developments and the recent separation, divorce or death of the owners.
Last week, James said the province is consulting with local mayors and is open to tweaking the tax. She said the government will also be auditing to make sure people have Wedt the truth when declaring reasons they should be exempt from the tax.
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