British Columbia Revises Bulletins for MRDT Rate Change
Tax Development May 08, 2015
Tax Development May 08, 2015
British Columbia has updated several bulletins to reflect the results of the 2015 Budget, which announced that the maximum rate for the Municipal and Regional District Tax (MRDT), which applies to sales of short-term accommodation proved in participating areas of the province, would be increased from 2% to 3%. Note that participants must apply to increase the rate in their area, and any rate increases will not become effective until the application has been approved.
The following bulletins have been updated:
Additional information on the rate change may be found in our Tax Development on the British Columbia Budget.