Vacancy tax: Difference between revisions
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'''Vacancy tax''' is a tax on empty or under-utilized residential properties |
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Vacancy tax (stub) |
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== Vancouver == |
== Vancouver == |
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*Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year; however all homeowners are required to submit a declaration. |
*Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year; however all homeowners are required to submit a declaration. |
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*Net revenues from the Empty Homes Tax will be reinvested into affordable housing initiatives. |
*Net revenues from the Empty Homes Tax will be reinvested into affordable housing initiatives. |
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*The Empty Homes Tax is also known as the Vacancy Tax and is imposed under the Vacancy Tax By-law No. 11674.<br/> |
*The Empty Homes Tax is also known as the Vacancy Tax and is imposed under the Vacancy Tax By-law No. 11674.<br/> |
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== == |
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See Also |
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*[[Land value tax]] |
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*[[Vacant land tax]] |
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== References == |
== References == |
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*New York Times Editorial Board. "[https://www.nytimes.com/2017/11/19/opinion/nyc-empty-stores.html Why Is New York Full of Empty Stores?]" ''New York Times. ''NOV. 19, 2017. <br/> [https://www.nytimes.com/2017/11/19/opinion/nyc-empty-stores.html. |
*New York Times Editorial Board. "[https://www.nytimes.com/2017/11/19/opinion/nyc-empty-stores.html Why Is New York Full of Empty Stores?]" ''New York Times. ''NOV. 19, 2017. <br/> [https://www.nytimes.com/2017/11/19/opinion/nyc-empty-stores.html. https://www.nytimes.com/2017/11/19/opinion/nyc-empty-stores.html. ] |
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