I pulled this directly from the Gov site for easy use.
Vancouver’s empty homes tax and the Government of Canada's underused housing tax are different from the speculation and vacancy tax.Ensure you know the requirements for each of these taxes.When a property has more than one owner, each person on title for the mortgage needs to make a separate declaration, even if the other owner is your spouse or relative.Learn about what you need do if you're helping a friend or family member complete their declaration. There may be special circumstances to consider such as a deceased owner or an owner who is out of town during the declaration period.The fastest and easiest way to declare is online. If you cannot declare online, you can declare over the phone. Call us and we’ll help you complete the declaration.Translation services are available over the phone.
- B.C. speculation and vacancy tax declaration video (Chinese)
- B.C. speculation and vacancy tax declaration video (Punjabi)
What you need to declareDeclaring is fast and easy for most property owners.
For individualsBefore you start your declaration, you’ll need:
- The speculation and vacancy tax declaration letter we sent you
- Your social insurance number (SIN)
- Your date of birth
- Your Letter ID, Declaration Code and other information you need to declare
- A list of all the residential properties you own in the designated taxable regions
For corporations, business partnerships & trustsDeclaring for corporations, business partnerships and trusts follows a similar process as for individuals.You’ll receive your declaration letter the same as individuals, but you’ll need to provide more information.Before you declare, be prepared with:
- Your declaration letter
- Your business number, if you have one
- Your incorporation number and date of incorporation number, if applicable
- The name, date of birth, citizenship status, social insurance number if applicable, B.C. residency for tax purposes and percentage of household income reported for each member of the corporation, business partnership or trust
This information is provided for your convenience and guidance and is not a replacement for the legislation.