In Vancouver, if you have a property that someone else would love to tear down to build a high rise, the government has created a scheme to make you pay taxes as if you were a high-rise. Small businesses pay some amount of tax on the airspace above their businesses, which they have not developed. Yes, the B.C. government taxes property assessed on their “highest and best use” value. Essentially, a single-story building for a small mom-pop business is taxed as if they had sold out to a land developer and now own a multi-story commercial building.
Taxes on What You Should Have Done with Your Property But Didn’t
Posted Jun 18, 2019 by Martin Armstrong |
Blog Alerts
Related posts
Study: 25% of Gen Z Needs Therapy After Filing Taxes
April 4, 2024
How to Destroy a Nation in 2 Generations
April 3, 2024
Biden Simplying Taxes to Cover his $7.5 Trillion Budget
March 29, 2024
Taxes
March 19, 2024
Blog Categories
- Armstrong Economics 101
- Armstrong in the Media
- Behavioral Economics
- Books
- Forecasts
- Great Divide
- History
- Hong Kong
- Humor
- Immigration
- International News
- Africa
- Australia & Oceania
- BigTech
- BRITAIN
- Canada
- Caribbean
- Censorship
- Central America
- China
- Collectibles
- Crime
- Democracy Crisis
- Disease
- East Asia
- Eastern Europe
- Emerging Markets
- Entertainment
- Ethics
- European Union
- France
- Germany
- Great Reset
- Greece
- HongKong
- Hungary
- India
- Insurance
- Iran
- Ireland
- Israel
- Italy
- Japan
- Latin America
- Lock Down
- Lockdaown
- Media
- medicine
- Mexico
- Middle East
- Migraction
- Migration
- Nature
- North America
- North Korea
- Poland
- Police
- Politics
- Revolution
- Rule of Law
- Russia
- Scandinavia
- Science
- South America
- South Asia
- Southeast Asia
- SPAIN
- Switzerland
- Taiwan
- Thailand
- Turkey
- Ukraine
- Vaccine
- Western Europe
- Market Talk
- Markets by Sector
- Plagues
- Products and Services
- Q&A
- Real Estate
- Uncategorized
- Upcoming Events
- webinars
- World Events
- Banking Crisis
- Bio Technology
- Capital Flow
- CENSORSHIP
- Central Banks
- Civil Unrest
- Civilization
- Climate
- Conspiracy
- Correction
- Corruption
- Cryptocurrency
- Education
- Freedom of Speech
- G7
- Geopolitical
- Gov't Incompetence
- Human Rights
- IMF
- Immigratin
- Immigration
- Interest Rates
- Monetary Reform
- NATO
- Neocons
- New Norm
- Pension Crisis
- Police State
- Population
- Press
- Private Money
- Propaganda
- Religion
- Separatists
- Sovereign Debt Crisis
- Student Debt
- Technology
- Terrorism
- The Hunt for Taxes
- Traders
- Tyranny
- Violence
- War
- WEF
- WOKE
- World Health Organization
- World Trade