Sentences with phrase «cent tax on»

The oil slump has dragged down housing sales and prices in the energy heartland province of Alberta, and Vancouver slowed sharply after the government introduced a 15 per cent tax on foreign buyers in August.

But other industry experts say it's too soon to know if the plan, particularly its centerpiece — a Vancouver - style, 15 - per - cent tax on non-resident foreign buyers — will have the desired effect of making housing more affordable and available by dousing property speculation.

Toronto's red - hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say.

In a bid to cool its hot housing market, British Columbia introduced a 15 - per - cent tax on foreign buyers this summer, which applies to the sale of all residential properties within 22 communities of metro Vancouver.

B.C. added a 15 per cent tax on property purchases.

«Even if the province puts a 10 per cent tax on foreign investors, does the province think someone who pays a million in cash will worry about another $ 100,000 in taxes?

The 15 per cent tax on foreign real estate buyers enacted this summer may have dampened foreign interest and will continue to do so in the short term, but Vancouver will remain attractive to investors from other countries, according to an RBC Economics report released October 12.

The Budget has created a tax arbitrage between unit linked insurance policies (ULIP) and mutual funds as mutual fund investors have to pay 10 per cent tax on long - term capital gains, whereas ULIP investors do not.

Hong Kong imposed a 15 - per - cent tax on home purchases by foreigners in 2012 «under growing pressure from residents who can't afford home purchases.»

Interestingly enough, worldpropertychannel.com and the Wall Street Journal reported Singapore imposed a 10 - per - cent tax on residential property purchases by non-permanent residents (foreigners) in 2011, which was raised to 15 per cent in January 2013 to fight «excessive speculation in the property market.»

In a better world, the solar tax credit would be increased and paid for by a carbon tax, or a 1 - 2 cent tax on gasoline or something like that.

He got his way; there is no longer a 5 cent tax on bags.

A few years back, the City of Toronto introduced a 5 cent tax on disposable plastic bags.

More than 90 % of people say they could handle paying an extra 36 - cent tax on each gallon of gasoline without feeling financially stressed.

Then, in April, the Ontario government introduced the Fair Housing Plan, a slate of measures to address affordability including a 15 per cent tax on foreign buyers in the GTA and surrounding area.

The poll was released Thursday, the same day the British Columbia legislature passed a law introducing an additional 15 - per - cent tax on homebuyers in Metro Vancouver who aren't either Canadian or a permanent resident.

He could lose 15 per cent of the difference between $ 81,800 and the OAS clawback start point, about $ 74,000, that's $ 1,170 dollars, then pay 20 per cent tax on the balance, leaving him with about $ 6,000 a month to spend.

Then, in April, Ontario passed the Fair Housing Plan, placing a 15 - per - cent tax on foreigners buying property in the Greater Golden Horseshoe.

Assuming 20 per cent tax on all income other than TFSA payments, it would leave her with about $ 39,500.

Allowing for 14 per cent tax on all income other than the TFSA zero tax payouts, the couple would have $ 6,500 to spend each month.

CIBC deputy chief economist Benjamin Tal predicts softer markets in Toronto and Vancouver in the year ahead, as government changes — including the 15 per cent tax on foreign buyers in Vancouver and federal mortgage rules changes — are felt.

He added that the province's move to control the city's overheated housing market by imposing a 15 per cent tax on foreign buyers of homes in Metro Vancouver as of Aug. 2 could reduce its bubble risk rating.

Figures from the B.C. government show a drop in real estate transactions in the Vancouver area after the provincial government brought in a 15 per cent tax on foreign buyers last August.

Its highest profile move has been a 15 - per - cent tax on foreign home buyers that came into effect at the start of August and covered 22 communities in the Vancouver region.

Home sales in Vancouver began to dip before the 15 per cent tax on foreign buyers was implemented in August, but those declines have accelerated since, plunging nearly 39 per cent last month compared with October 2015.

Royal LePage CEO Phil Soper says the housing correction in Vancouver began seven months ago, around the time that the B.C. government introduced a 15 per cent tax on foreign nationals buying real estate in the city.

In July, the British Columbia government gave the city the authority to create the tax, which is separate from the province's 15 - per - cent tax on foreign purchases of Metro Vancouver real estate.

TORONTO — Toronto's red - hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say.

Home prices have been on a decline since April, when the province introduced more than a dozen changes — including a 15 per cent tax on foreigners purchasing property — aimed at cooling the Greater Toronto Area's real estate market.

The Ontario government moved earlier this year to cool the Toronto real estate market, bringing in more than a dozen measures including a 15 per cent tax on foreign buyers.

In August, the B.C. government introduced a 15 per cent tax on home purchases by foreigners in Metro Vancouver.

Earlier this year, Mr Cable was still arguing that a one per cent tax on property in excess of # 2million was his preferred form of mansion tax.

A plan by leader Ed Miliband and Shadow Chancellor Ed Balls to levy an escalating one per cent tax on homeowners with properties worth more than # 2million has been described as «the politics of envy» and a move which economist believe could have many unintended consequences.

At a time when fuel prices are at record high, and the Government is punishing drivers with sky high VED increases, Mrs Kelly is now going to hit low income earners in Greater Manchester with a 8 per cent tax on getting into work.

Specifically, they were proposing reductions to the payroll mobility tax, which was established in 2009 to help shore up the authority's teetering finances by levying a 34 - cent tax on every $ 100 of payroll for employees in the 12 counties served by the M.T.A.

At 1:30 p.m., the NYC Council meets and is expected to pass a controversial 5 - cent tax on plastic bags, Council Chambers, City Hall, Manhattan.

Among the major decisions made is the adoption of a new funding model for the AUC, which will see all the 54 member countries contribute some 1.2 billion dollars to the Union's coffers every year through levying 0.2 per cent tax on eligible imports.

Having bashed the bankers round the head with a whopping 50 per cent tax on all bonuses over # 25,000, he was finally turning his ire to the Tories.

For example, a 3 cent tax on book shops doesn't stop anyone from distributing literature, but a 100000 $ tax on printer ink would place an unacceptable barrier in front of anyone who tried to spread their political views in writing.

Also at 11 a.m., NYC Sanitation Commissioner Kathryn Garcia, City Councilman Antonio Reynoso and others give away free reusable bags to passersby to help residents prepare for the imminent 5 - cent tax on paper and plastic bags, Court Street and Montague Street, Brooklyn.

No one wants to read comments complaining about a 3 cent tax on plastic bags — or how one party has made you energy bill $ 3 higher than you want.

Even Mayor Richard Daley's wised up, successfully proposing the 5 - cent tax on water bottles that went into effect Jan. 1.

The president of the French League has warned of a talent drain from clubs playing in Ligue 1 after the French government refused to exempt footballers from their new 75 per cent tax on annual earnings above $ 1million (# 848,862).

Research from the McKinsey Global Institute found that a 10 per cent tax on high - sugar products would be one of the least effective measures in combatting obesity, ranking 14th of 17 intervention methods, with portion control having the highest estimated impact with the most cost effective measures.

In fact, research from the McKinsey Global Institute found that a 10 per cent tax on high - sugar products would be one of the least effective measures in combatting obesity, ranking 14th out of 17 intervention methods1.

The further tightening of regulations came after Beijing last Friday slapped a 11.9 per cent tax on goods bought through foreign websites.

More than $ 800 million has been wiped off the combined market value of Blackmores, Bellamy's and A2 Milk in the past three days, after Chinese authorities imposed an 11.9 per cent tax on products bought from foreign websites and created a «positive list» of products allowed to enter the country via free - trade zones.

The changes involve charging an 11.9 per cent tax on cross-border e-commerce sales and drafting a list of what can or can not be sold on that platform in an attempt to level the playing field between online and traditional bricks and mortar stores.

China's creation of a «positive list» of products that can be sold on cross-border websites comes after it slapped an 11.9 per cent tax on foreign goods bought online.

B.C. added a 15 per cent tax on property purchases.