Municipal and Regional District Tax Imposition - Bylaw 10269 (2021)
Richmond, British Columbia
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Bylaw 10269
Municipal and Regional District Tax Imposition Bylaw No. 10269
The Council of the City of Richmond enacts as follows:
1)
The Lieutenant Governor in Council is hereby requested to issue a regulation under
Section 123(1) of the Provincial Sales Tax Act in respect to imposing a tax on
accommodation purchased within the whole of the City of Richmond from and including
July 1, 2022 to and including June 30, 2027.
2)
The tax to be imposed under the provisions of the regulation referred to in Section 1 of
this Bylaw is requested to be three percent of the purchase price of the accommodation.
3)
Except as provided in Section 4, the purposes for which the amount paid to the City of
Richmond out of the revenue collected from the tax to be imposed under the provisions
of the regulation referred to in Section 1 of this Bylaw may be expended are:
a) tourism marketing, programs and projects;
b) sport hosting marketing, programs and projects; and
c) destination enhancement initiatives including investments in the operation of tourism
attractions; major events; tourism product development; and direct sales.
4)
The amounts paid to the City of Richmond out of the revenue collected from the tax
imposed on purchases through online accommodation platforms may be expended on
affordable housing initiatives.
5)
This Bylaw is cited as "Municipal And Regional District Tax Imposition Bylaw No.
10269" and is effective July 1, 2022.
FIRST READING
SECOND READING
THIRD READING
ADOPTED
MAYOR
CORPORATE OFFICER
CITY OF
RICHMOND
APPROVED
for content by
originating
dept.
KF
APPROVED
for legality
by Solicitor
LB