Feigenbaum Law

Empty Homes Tax

Speculation Tax

Personal Tax Planning

Almost $40 million Collected Under Vancouver’s Empty Homes Tax

We’ve previously blogged about Vancouver’s Empty Homes Tax, including the story of a a homeowner who¬†sued the city after being subject to a $249,000 vacancy tax on a property on which she does not reside. Now, we continue our blog series by diving into some of the effects that the Empty Homes Tax has had since its introduction. The National Post reported this week that, since 2016, the City of Vancouver has… Read More

Vacancy Tax- Overhead view of suburban street

Personal Tax Planning

Foreign Buyer Challenging $249,000 Vacancy Tax Levied by City of Vancouver

A homeowner in Vancouver has sued the city after being subject to a $249,000 vacancy tax on a property on which she does not reside. The matter has reinvigorated debate and discussion about the impact of foreign buyers and vacant properties on a continually overpriced and hot housing market in Vancouver and other large centers across Canada. The Home at Issue The property at issue, a home located at 4749 Belmont Avenue, was sold for… Read More