Do you own a residential property in Canada? Then you should definitely listen to this episode.
With tax returns due in a few weeks, it was difficult to find a tax accountant for this critical episode. Nevertheless, Garret has researched, spoken to his accountant, and is raising awareness of the Underused Housing Tax (UHT) in today's episode of Investing to Win.
Disclaimers: Consult a professional accountant to determine if this new law applies to you.
He will provide a summary of the key details about the Underused Housing Tax (UHT). You will learn what the government's purpose is in introducing this tax and which of the two categories you might fall into: exempt or affected owners. Find out who is exempt from paying the tax but must file the form.
Garret will seek to provide some clarity on who is affected by the Underutilized Housing Tax:
Who is not required to file a UHT return Vs who must file a tax return?
Join Garret for this insightful discussion on the Underused Housing Tax.
Enjoy!
What You'll Learn in this Show:
Resources:
