The City of Vancouver's Empty Homes Tax is applied annually. The first tax year began January 1, 2017.

The rate is 1.0% of the property’s assessed value.

Owners of non-principal residences that are unoccupied for six months or more each year will pay this tax.

http://www.rebgv.ca/content/rebgv/en/Guidelines-Rules-and-Legislation/Government-Legislation-and-Bylaws/Taxation/Local/empty-homes-tax/vancouver-empty-homes-tax-now-in-effect.html?

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