Vancouver declares 5% of homes ’empty’ – and liable for a new tax

Knight Frank’s Italian transactions are up 140% this year, with more than 60% of international prime enquiries 'driven primarily by tax considerations.'

Homeowners launch legal challenge to implementation, arguing City Hall ‘arbitrarily and capriciously foisted onto New York City residents the burden of proving they are not subject to the Surcharge.

Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.