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Another B.C. judge tosses challenge to foreign buyers tax

Summary by Ground News
Kourosh Esfandier Bakhtiari, an Iranian asylum seeker, recently purchased a $6.6-million home in West Vancouver. He claimed the $1.32-million levy, which is 20 per cent of the home's sale price, was unconstitutional. The tax was imposed to curb the inflow of foreign money that has helped decouple local incomes from housing costs, particularly in metropolitan areas of B.C.
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BIV News broke the news in on Thursday, July 27, 2023.
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