Day: June 6, 2019

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Realtor suggests evading taxes using bare trust loophole

A Vancouver realtor is suggesting buyers evade BC’s property transfer tax by exploiting the so-called bare trust loophole. “Save on the PTT by purchasing the shares of the numbered company that holds title as Bare Trustee,” reads the realtor comments section on the Multiple Listing Service (MLS) page for a triplex in Kitsilano. “Seller is […]

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