A Canadian court has quashed a massive tax bill on a C$26.8 million (US$21 million) Vancouver home owned by the wife of billionaire Chinese parliamentarian Zheng Jianjiang, ordering the city to reconsider whether she deserved to be hit with the C$249,313.67 (US$191,000) charge for leaving the home empty.
The lawsuit by He Yiju had been closely watched in Vancouver, where the city introduced the tax on empty homes in 2017 in a bid to improve affordability and to deter speculators from leaving homes vacant.
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