China News Service, July 30. According to the Canadian "Ming Pao" report, a few days ago, a Chinese owner in Vancouver, Canada, forgot to apply online for exemption from "speculation tax" (speculation and vacancy tax) before the specified deadline, and received the BC government. It is required to pay a bill of 44,000 yuan in speculation tax.

  According to reports, this Chinese owner usually lives in Vancouver. Last year he was exempted from paying speculation tax, but this year he neglected to declare before the specified deadline. The landlord said that due to Vancouver’s delay in paying land tax, the landlord was confused and thought that the tax filing deadlines of various governments had been postponed.

  Until last month, the owner received a tax payment notice from the Provincial Department of Finance, informing the owner that he needed to pay 44,000 yuan in speculation tax. Only then did the owner realize that he had forgotten to apply for the speculative tax exemption before March this year. The owner was surprised to see such a high tax bill.

  The reporter called the Department of Finance of BC to inquire about this matter. If the owner forgets to declare the speculation tax exemption, will the owner be punished? The Department of Finance pointed out that it is understandable that during the epidemic, the provincial citizens were confused about various tax payment or tax filing deadlines. The provincial government will notify the owners in writing to remind them to apply for exemption declarations as soon as possible. The Ministry of Finance said that as long as the owner meets the exemption conditions, once the declaration is completed and it is confirmed as exempt from speculation tax, there is no need to pay speculation tax and there will be no penalty. Take this Chinese owner as an example. If the owner is eligible for exemption and completes the declaration as soon as possible, he will not be punished.

  It is reported that the deadline for applying for exemption from speculation tax in British Columbia is before the end of March each year. Even if it is an epidemic, the provincial government has not extended the deadline for declaration. According to regulations, if a Canadian citizen or permanent resident declares income tax in this province according to the regulations, and the house is the main residence of the resident, he can be exempted from paying speculation tax.