Close X
Sunday, November 24, 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

    ScotiaBank Defends Practices To Verify Incomes Before Granting Mortgages

    TORONTO — Scotiabank is defending its income verification practices in light of a report that says Canadian banks allow foreign borrowers to qualify for mortgages without having to prove the source of their income.

    ScotiaBank Defends Practices To Verify Incomes Before Granting Mortgages

    Doubts Being Raised Over Quebec's Legislation Regulating Airbnb-Type Rentals

    In April, the provincial government amended its tourist accommodation law in an effort to help level the playing field between people who rent out their homes through services such as Airbnb, and hotels and bed and breakfasts.

    Doubts Being Raised Over Quebec's Legislation Regulating Airbnb-Type Rentals

    17-Year-Old Arrested In 'Sexually Motivated' Break-In At Vancouver Home

    17-Year-Old Arrested In 'Sexually Motivated' Break-In At Vancouver Home
    57-year-old woman awoke around 2 a.m. Wednesday to find a man standing in her bedroom.

    17-Year-Old Arrested In 'Sexually Motivated' Break-In At Vancouver Home

    Extension Granted For Investigations Into Suspended Victoria Police Chief Frank Elsner

    Extension Granted For Investigations Into Suspended Victoria Police Chief Frank Elsner
    VICTORIA — Investigators looking into allegations of misconduct by Victoria's embattled police chief have once again been granted more time to complete their work.

    Extension Granted For Investigations Into Suspended Victoria Police Chief Frank Elsner

    Lions Stolen From Classical Chinese Garden Returned To Vancouver's Chinatown

    Lions Stolen From Classical Chinese Garden Returned To Vancouver's Chinatown
    Police say officers recovered the lions and they have been returned to their original spots in front of the Dr. Sun Yat-Sen Classical Chinese Garden.

    Lions Stolen From Classical Chinese Garden Returned To Vancouver's Chinatown

    Legal Push For Private Health Care Prioritizes Profit Over Patients: Lawyer

    Legal Push For Private Health Care Prioritizes Profit Over Patients: Lawyer
    VANCOUVER — A lawyer for a group of patients who support Canada's public health-care system says a private surgery clinic's legal crusade to change British Columbia's medicare laws puts profit over people.

    Legal Push For Private Health Care Prioritizes Profit Over Patients: Lawyer