Pre-Sale Assignments attract GST starting May 7 2022
On April 7, 2022, the Government of Canada released Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable. As part of ... Continued
What You Need to Know About the Federal Underused Housing Tax Act
Residential property owners should be aware of a potential new tax on underused or vacant houses in Canada. Federal Bill C-8 proposes the Underused Housing ... Continued
Clark Wilson Lawyers Named in the 2022 Canadian Legal Lexpert Directory
Clark Wilson is proud to share our team’s rankings in the 2022 Canadian Legal Lexpert Directory®, a distinction based on an extensive peer survey process ... Continued
Application of GST in Commercial and Residential Real Estate Transactions
By Karen Ngan and Jimmy Zhang Did you know that the sale of commercial real property is treated as a taxable supply, for which the ... Continued
Planning a Joint Venture and Purchase of Shares? Essential Terms in your Letter of Intent (LOI) / Memorandum of Understanding (MOU)
Developers should take note of the BC Court of Appeal’s decision in Concord Pacific Acquisitions Inc. v. Oei,[1] and be very cautious when embarking on ... Continued
BC Government Provides Guidance on LOTA Interpretation
The BC Government (“Government”) recently provided updated guidance for interpreting the Land Owner Transparency Act, SBC 2019, c. 23 (“Act”), which came into force on ... Continued
BC Supreme Court Weighs In on City of Vancouver’s Approach to Assessing Empty-Home Tax on Redevelopment Properties
A recent BC Supreme Court decision may be of significant interest to residential property owners in the City of Vancouver who have been denied vacancy ... Continued
Clark Wilson Recognized As One of Canada’s Best Law Firms in 2022 By The Globe & Mail
Clark Wilson has been recognized as one of Canada’s Best Law Firms for 2022 by The Globe and Mail and independent market research provider Statista. ... Continued
FAQs: Land Owner Transparency Register
What is LOTA and why was it enacted?
BC Government Extends LOTR Filing Deadline
This morning, the Province posted an Information Bulletin announcing that the mandatory filing deadline for pre-existing owners of certain interests in land to file a ... Continued
LOTR for Trusts and Estates
Note: The deadline for compliance with LOTA has now been extended to November 30, 2022 This article is posted as an important update for owners ... Continued
Growing Places
Since 1991, Anthem has left an incredible mark on real estate development throughout western North America. With a growing residential portfolio that includes over 15,000 ... Continued