Lawsuit Against New Foreign Tax By Chinese Student
The recent 15 percent tax that was introduced in Vancouver for buyers that are not Canadian is being faced with a lawsuit and expected to be in courts. The lawsuit was filed by a Chinese student, named Jing Li, who has taken it upon herself to go against this new tax and put an additional $84,000 on top of the price for which she is buying a townhome in Vancouver for.
Before the new tax was imposed, Miss Li signed a contract to purchase a house which was not completed on time; thus, the deal had to be dragged. She told a new reporting site that she is not able to pay for the extra cost of the $560,000 home in Langley, and sadly if she does not go through with the transaction, she will lose both the house and her deposit of $56,000.
She filed the lawsuit in order to go against the authorized go-ahead to implement the tax that was issued by the BC government. The lawsuit states that it deals unevenly and unfairly, and also goes against the agreement of the NAFTA trade by giving indigenes an upper hand. The lawsuit is meant to be given a class action status as intended, but that will not happen anytime soon as it will take some time before the case is brought foward.