BC Property Transfer Tax (PTT) and Vancouver Real Estate
*** Looking for a PTT Calculator? Check out the BC Property Transfer Tax Calculator! *** I get questions all the time about BC's Property Transfer Tax and how it applies to Vancouver real estate. Here's a simple explanation. BC Property Transfer Tax - What is it? Property Transfer Tax (PTT) is a British Columbia tax on the sale or transfer of ownership of any residential real estate property in the province. Why does British Columbia have a Property Transfer Tax? British Columbia's Property Transfer Tax was introduced in the 1980's as part of a failed attempt to slow real…