A New Approach To Assessing Strata Hotel Units And Major Ski Hills

Apr 30 2007

Changes to the Assessment Act that were introduced on April 24, 2007 mean that strata hotel units will now be assessed based on their actual use. This is excellent news for many taxpayers as it will promote fairness and resort/tourism growth. Please go to the link below for the Ministry of Small Business and Revenue’s Information Bulletin on this issue and click on the article entitled “ASSESSMENT METHODOLOGY CHANGES FOR STRATA HOTELS”

http://www.gov.bc.ca/bvprd/bc/channel.do?action=ministry&channelID=-8390&navId=NAV_ID_province

For further information on this topic, please contact;

Geord Holland at holland@pushormitchell.com or (250) 869-1190
James Paterson at paterson@pushormitchell.com or (250) 869-1130
Brad Cronquist at cronquist@pushormitchell.com or (250) 869-1150

These items are intended for general informational purposes only and should not be construed or relied upon as legal advice. The legal issues addressed in these items are subject to changes in the applicable law. You should always seek legal advice concerning any specific issues affecting you or your business.