Close X
Monday, November 25, 2024
ADVT 
National

Vancouver Empty Homes Tax To Include Secondary Units That Are Used For Airbnb

Darpan News Desk The Canadian Press, 20 Sep, 2016 01:54 PM
    Vancouver's proposed empty homes tax will include secondary units being booked full-time on the vacation rental website Airbnb, with the maximum fine for people who evade the levy set at $10,000.
     
    New details of the tax emerged at city hall where council voted to move forward with public consultation despite staunch opposition of three councillors from the centre-right Non-Partisan Association.
     
    Coun. George Affleck called the tax a "bureaucratic nightmare," while Coun. Elizabeth Ball said the proposal was frightening seniors who may have had to leave home to care for a sick loved one, for example.
     
     
    Mayor Gregor Robertson dismissed their concerns as "fear-mongering" and says the process for enforcing the tax — through self-declaration, audits and complaints — was the same as the income tax process.
     
    Robertson said $10,000 is the maximum fine the city can impose under its charter, but it will consider a combination of the fine plus a higher tax rate for people who fail to self-declare or fraudulently declare.
     
    The tax would not apply to primary residences, only secondary units such as investment condos that are not being used by a long-term tenant or units being exclusively used for Airbnb.

    MORE National ARTICLES

    Toronto Area's Home Sales, Average Prices Hit Record Highs In August

    Toronto Area's Home Sales, Average Prices Hit Record Highs In August
    The Toronto Real Estate Board said its members had 9,813 sales in August, a 23.5 per cent increase from the same month last year, though there were two more working days this year.

    Toronto Area's Home Sales, Average Prices Hit Record Highs In August

    $3 Million In Jewels Missing From Drake, Future Tour Bus

    $3 Million In Jewels Missing From Drake, Future Tour Bus
    Police Sgt. Vince Lewis says the theft occurred Tuesday night at the Talking Stick Resort Arena in downtown Phoenix, where the men were performing.

    $3 Million In Jewels Missing From Drake, Future Tour Bus

    Calgary Judge In 'Knees Together' Case Has Worked Hard To Change: Mentor

    A Manitoba judge says she was initially appalled by the comments a Calgary judge made to a sex-assault complainant but agreed to mentor him.

    Calgary Judge In 'Knees Together' Case Has Worked Hard To Change: Mentor

    Half Of Working Canadians Living Paycheque To Paycheque, Says Survey

    Half Of Working Canadians Living Paycheque To Paycheque, Says Survey
    TORONTO — A new poll suggests that about half of working Canadians would be hard-pressed to meet their financial obligations if their paycheque was delayed for a week.

    Half Of Working Canadians Living Paycheque To Paycheque, Says Survey

    Man Posed As U.K. Diplomat As Part Of $30,000 Fraud Of Ont. Woman: Police

    Man Posed As U.K. Diplomat As Part Of $30,000 Fraud Of Ont. Woman: Police
    Police say a Brampton, Ont., man — Taiwo Gbolade — is scheduled to appear in Newmarket, Ont., court on Sept. 29 to face charges of fraud over $5,000 and possession of property obtained by crime.

    Man Posed As U.K. Diplomat As Part Of $30,000 Fraud Of Ont. Woman: Police

    Jamaican Finally Deported But Damages Urged For 5-Year Immigration Detainee

    Jamaican Finally Deported But Damages Urged For 5-Year Immigration Detainee
      In seeking compensation for Alvin Brown, lawyer Jared Will accused Canada Border Services Agency of negligence in removing his client from Canada.

    Jamaican Finally Deported But Damages Urged For 5-Year Immigration Detainee