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Underused Housing Tax – Affects Canadians Too

Canada’s new Federal Underused Housing Tax (“UHT”) is in effect for owners of Canadian residential properties as of December 31, 2022. Originally intended for non-Canadian owners, some Canadian citizens and permanent residents (“Canadians”) may be subject to this tax unless they timely file UHT tax returns. Intended for Non-Canadians The law is aimed at non-Canadian […]

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