Hundreds of millions of tax dollars are going unpaid in Vancouver’s Wild West real estate market. Those in the know say that money reflects presumed evasion of both income tax on earnings from flipped property and GST payments that are not being remitted on newly built residences.
from http://www.vancouversun.com/opinion/columnists/barbara+yaffe+evasion+goes+unpunished+overheated/11720846/story.html
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