Underused Housing Tax

Deadline to file a return for Underused Housing Tax around the corner

Deadline to file a return for Underused Housing Tax around the corner

Oct 26, 2023 | 2:19pm
The Underused Housing Tax is meant to curtail foreign ownership of housing through trusts in Canada’s large cities. However, in some circumstances, farmers are being hit with the need to file a return for the Underused Housing Tax. Although in most cases they are exempt from paying the tax, which is 1 per cent of […]