Qualifying first-time buyers may be exempt from paying the PTT of
1% on the first $200,000
and 2% on the remainder of the purchase price of a home priced up to $425,000.
There is a proportional exemption for homes priced up to $450,000.
BC Ministry of Small Business and Revenue
http://www.sbr.gov.bc.ca/business/Prope ... ax/ptt.htm.
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