What Other Kinds of Taxes Do I Have to Pay?: Difference between revisions
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What Other Kinds of Taxes Do I Have to Pay? (view source)
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, 22 March 2014→What is property tax?
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How much you pay in property tax depends on the value of the house and the land. Your city or town government will send you a letter that tells you how much you have to pay and when you have to pay it. You pay less property tax if: | How much you pay in property tax depends on the value of the house and the land. Your city or town government will send you a letter that tells you how much you have to pay and when you have to pay it. You pay less property tax if: | ||
* you live in the home yourself, | |||
* | * you are a senior, or | ||
* | * you live in northern and rural parts of BC. | ||
* | |||
You also pay a tax when you buy property. If this is the first home you own anywhere in the world, you may not have to pay this tax. Talk to the notary or lawyer who is helping you with your property purchase. | You also pay a tax when you buy property. If this is the first home you own anywhere in the world, you may not have to pay this tax. Talk to the notary or lawyer who is helping you with your property purchase. |