Download pdf - A. PURCHASER / TRANSFEREE – List all purchasers … · Are you claiming an exemption: ... (LTSA), BC Assessment (BCA) and other sources as required. Updated property information

2. Transfer of 3. Property type 4. Transaction type

D. DESCRIPTION OF PROPERTY AND TRANSFER

C. VENDOR / TRANSFEROR

1. Date of completion of transaction

A. PURCHASER / TRANSFEREE – List all purchasers acquiring an interest in the property with this transaction

Date of interim agreement or contract

PROPERTY TRANSFERTAX RETURN

B. CONTACT NAME AND MAILING ADDRESS (if different)

5. ParcelIdentifierNumber(PID)

7. Civic address of property

6. Legal description

Areyouclaiminganexemption:Isthisatransferofabaretrust?

8. Whatpercentageinterestinthispropertyisbeingtransferredinthistransaction?FIN530 Rev. 2017 / 1 / 12 Page 1

%

YYYY / MM / DD YYYY / MM / DD

Property Transfer Tax InquiriesVictoria:250387-0604Vancouver:604660-2421Toll-free:1888355-2700gov.bc.ca/propertytransfertax

Contact name

Telephonenumber

Freedom of Information and Protection of Privacy Act (FOIPPA) - ThepersonalinformationonthisformiscollectedforthepurposeofadministeringtheProperty Transfer Tax Actundertheauthorityofsection26(a)oftheFOIPPA.Questionsabout thecollectionoruseofthisinformationcanbedirectedtotheDirector,PropertyTransferTax,POBox9427StnProvGovt,Victoria,BCV8W9V1(telephone:Victoriaat250387-0604ortoll-freeat1888355-2700).

Municipality

Mailingaddress(Apt. No., Street No./Name, PO Box, RR)

NOYES

Last name / Corporation name

Onthedateofregistration,areyouaCanadiancitizenorapermanentresidentasdefinedintheImmigration and Refugee Protection Act(Canada)?

Previousaddressforthelasttwoyears(Apt. No., Street No./Name, PO Box, RR)

Percentageinterestacquired

Areyouapplyingforthefirsttimehomebuyers’ornewlybuilthomeexemption?

%

IfyouhavenotcontinuouslyresidedinBCforatleastoneyearpriortotheregistrationdate,listanytwoyearsthatyoufiledincometaxreturnsasaBCresidentduringthesixyearsbeforethedateofregistration.

YYYY / MM / DD

Address(Apt. No., Street No./Name, PO Box, RR)

CountryPostal/Zip code

Province/Territory/StateCity



First name

Birthdate SocialInsuranceNumber

Initial

NOYES

NOYES

Countryofcitizenship

Purchaser 1 Corporation OtherIndividual

Corporation OtherIndividual




First name Initial


First name Initial


Onthedateofregistration,areyouaCanadiancitizenorapermanentresidentasdefinedintheImmigration and Refugee Protection Act(Canada)?

Previousaddressforthelasttwoyears(Apt. No., Street No./Name, PO Box, RR)

Percentageinterestacquired %

IfyouhavenotcontinuouslyresidedinBCforatleastoneyearpriortotheregistrationdate,listanytwoyearsthatyoufiledincometaxreturnsasaBCresidentduringthesixyearsbeforethedateofregistration.

YYYY / MM / DD

Address(Apt. No., Street No./Name, PO Box, RR)





First name

Birthdate SocialInsuranceNumber

Initial

NOYES

NOYES

Countryofcitizenship

Purchaser 2

Areyouapplyingforthefirsttimehomebuyers’ornewlybuilthomeexemption?

E. TERMS

Address

3. Otherconsiderationpaidorpropertytakenintrade(provide details):

4. GROSS PURCHASE PRICE (total of E1, E2, and E3)

5. Ifthetermsofthistransactionincludepropertytakenintrade(E3),identifythepropertybyprovidingthefollowing:

1. Realproperty(land and buildings)

2. Chattels

F. ALLOCATION OF GROSS PURCHASE PRICE (NON-RESIDENTIAL PROPERTIES ONLY)

5. Other–describe

1. Cash

3. Fixtures

4. Goodwill,quotasandotherintangibles

Legal description

ParcelIdentifierNumber(PID)

1. Leaseterm(including any renewals)

2. CharitableRegistrationNumber

3. AdvanceTaxRulingNumber(if applicable)

4. Jurisdictionandsection

5. OrderinCouncilNumber

6. SeparationAgreementorCourtOrderYES

7. Whatistherelationshiptotransferor/settlor?

11.Whatistherelationshipbetweenthetransfereeandthedeceased?

13.Whoresidesontheproperty?

12. Who resided on the property immediately prior to the death of the deceased?

10.Isalloranypartofthepropertybeingleased?

G. ADDITIONAL INFORMATION

8. Provide the name of the person farming the land and the relationship of that person to the transferor and transferee

H. PROPORTIONAL PRINCIPAL RESIDENCE CALCULATION

2. Valueofimprovements

3. Valueofland

4. Fairmarketvalueofproperty

5. Size of property in hectares

1a. Is the property larger than 0.5 hectares (1.24 acres)?

6. Valueofresidentialimprovement

7. Landvalueportioneligibleforexemption

8. Amountexemptfromtax

9. Valueofhomeandland

10.Percentageofownershiptransferred

11. Totalpercentageownershipbeingtransferred to those claiming taxexemption

12.Partialexemption

13. PRINCIPAL RESIDENCE VALUE

Size of property Units

FIN530 Rev. 2017 / 1 / 12 Page 2

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

%

%

6. GROSS PURCHASE PRICE $

$

$

15. Is there more than one improvement on the property(e.g., 2 houses, or house and mobile home, etc.)?

If YES,howmany?

16. Do the improvements contain a commercial portion?

If YES,willitcontinuetobeusedascommercial?

YES NO UNKNOWN

9. Whattypeoffarmingactivity?

14.Forhowlong?years: months:

2. Financing

6. Nameandbranchnumberoflender

YES NO

YES NO

YES NO

YES NO

YES NO

Note: F1andF3aresubjecttopropertytransfertaxunlessprovincialsalestaxhasbeenpaidunderthe Provincial Sales Tax Act.PropertytransfertaxmayormaynotapplytoF4andF5.

b.Aretheimprovementsentirelyresidential?

3. Taxexemptionamount

4. Fairmarketvalueexemptamount

5. Taxableamount

I. PROPERTY TRANSFER TAX CALCULATION

Accountname Accountowner

Authorizedsubmitter Paymenttobemadebyjournalvoucher?YES

Byapplicationofmyelectronicsignature,IcertifythatthetransfereehassignedandbeenprovidedwiththeoriginaloracopyofthisreturnandIauthorizetransferoftheamountindicatedaspropertytransfertaxpayabletotheMinisterofFinanceonbehalfofthelistedpurchaser(s)/transferee(s).

7. Ifthegrosspurchasepricediffersfromthefairmarketvalue, select the reason for the difference

Ifthereasonis“Other”,provideabriefexplanation

PURCHASER1-SIGNATURE

PURCHASER2-SIGNATUREX

X

J. FUNDS TRANSFER AUTHORIZATION

1. Fairmarketvalueofproperty

IMPORTANT – This portion of the return must be signed by the purchaser(s)/transferee(s)Icertifythattheinformationgiveninthisreturniscompleteandcorrectinallrespects.

FIN530 Rev. 2017 / 1 / 12 Page 3

$

$

6a. PROPERTY TRANSFER TAX PAYABLE

b. ADDITIONAL TAX PAYABLE–Enter amountfromSectionEoftheAdditional Property Transfer Tax Return(FIN 532)

2. Fairmarketvalueofpropertyorinterest in property transferring

$

$

$

$

$

TELEPHONENUMBER(DAYTIME)

TELEPHONENUMBER(DAYTIME) DATESIGNED

DATESIGNEDYYYY MM DD

TELEPHONENUMBER

TELEPHONENUMBERYYYY MM DD

CONSENT –IconsentthattheinformationprovidedonthisreturnmaybeverifiedbyaccessingrelevantrecordsheldbytheInsuranceCorporationofBritishColumbia,theHomeOwnerGrantOffice,BCHydro,theLandTitleandSurveyAuthorityofBritishColumbia(LTSA),BCAssessment(BCA)andothersourcesasrequired.UpdatedpropertyinformationisprovidedtotheLTSA,BCAandCanadaRevenueAgency.

2. HaveyoueverreceivedaBCfirsttimehomebuyers’exemptionorrefund?

CONSENT –IconsentthattheinformationprovidedonthisreturnmaybeverifiedbyaccessingrelevantrecordsheldbytheInsuranceCorporationofBritishColumbia,theHomeOwnerGrantOffice,BCHydro,theLandTitleandSurveyAuthorityofBritishColumbia(LTSA),BCAssessment(BCA)andothersourcesasrequired.UpdatedpropertyinformationisprovidedtotheLTSA,BCAandCanadaRevenueAgency.





X

X

DECLARATION –CompletethefollowingfourquestionsonlyifyouareapplyingfortheFirstTimeHomeBuyers’Exemption

Penalty for False Declaration -ifyoumakeafalsedeclaration,youwillbechargedanamountequaltodoublethetax(thetaxyouoweplusapenaltyequaltotheexemptionyouclaimed).

1. Haveyouownedaninterestinaprincipalresidence(whereyoulived)anywhereintheworldatanytime?

Purchaser 1

ALL PURCHASER(S)/TRANSFEREE(S) –Icertifyanddeclarethattheinformationgiveninthisreturniscompleteandcorrectinallrespects.

Beforecompletingthedeclarationandsigning,pleaseensureyoureadandunderstandthequalificationsfortheexemptionandthefirstyearrequirements,asexplainedintheGuide to the First Time Home Buyers’ Program.

Purchaser 2

3. Onthedateofregistration,areyouaCanadiancitizenorapermanentresidentasdefinedinthe Immigration and Refugee Protection Act(Canada)?

YES NO YES NO

YES NOYES NO

YES NO YES NO

4. HaveyoucontinuouslyresidedinBCforatleastoneyearimmediatelypriortotheregistrationdate ORfiledtwoincometaxreturnsasaBCresidentduringthesixyearsbeforethedateofregistration? YES NO YES NO



TELEPHONENUMBER

TELEPHONENUMBER