Quote:
Originally Posted by whatnext
Very nice. I see the yearly property tax is $59,492.84 vs the Shaughnessy mansion in Vancouver's yearly bill of $125,859. I guess Vancouver's includes the Speculation tax and possibly Empty Homes Tax?
|
Gotta be the BC "school tax" one. From the government site:
The additional tax rate is:
0.2% on the residential portion assessed between $3 million and $4 million
0.4% on the residential portion assessed over $4 million
The whole mill rate is 0.5% so that's most of it right there.