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【Wealth Succession】CANADA: Beneficial owners of enveloped British Columbia property must be identified

From 17 September, corporations and trusts that acquire property in British Columbia must disclose the identity of any individual with a 'significant interest' in the corporation or trust.

The required information – name, date of birth, citizenship, contact details, and either social insurance numbers or tax identifiers for all such persons – must be included on the property transfer tax returns. The names of company directors and trust settlors must also be supplied...

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