Apr 14, 2023 | News and Events, Strata Corporations, Underused Housing Tax Updates
The following blog post has been updated based on revised rulings received on April 13, 2023. On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some strata... 
Mar 24, 2023 | News and Events, Personal Tax and Finance, Trusts and Estates, Underused Housing Tax Updates
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. Owners who are obligated to file a UHT return are considered affected owners. Owners who are not... 
Mar 14, 2023 | News and Events, Personal Tax and Finance, Strata Corporations, Trusts and Estates, Underused Housing Tax Updates
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some short and long term rental property owners, as of December 31, 2022. For a full overview of the Underused... 
Mar 14, 2023 | News and Events, Trusts and Estates, Underused Housing Tax Updates
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some trustees of bare trusts, as of December 31, 2022. For a full overview of the Underused Housing Tax, see our... 
Mar 14, 2023 | News and Events, Personal Tax and Finance, Strata Corporations, Trusts and Estates, Underused Housing Tax Updates
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. The Underused Housing Tax is a 1% annual tax on vacant or underused housing in Canada on the...