Penalty Taxes On Vacant, Empty Or Underused Homes

Tax, reporting and penalties imposed on vacant or underused residential property. #VacantHomeTax #EmptyHomeTax #vacantunittax #underusedhousingtax

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Help with the #CanadaUnderusedHousingTax and #vacanthometax generally here ... https://t.co/kdFLOZMJG3

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Not only does Windsor, ON now have a 3% @VacantHomeTax but it is relying on a "snitch line" so that neighbours report on each other. "Do you or have you ever owned a vacant property?" #YouCantMakeThisUp! https://t.co/6FINWh0Rgw

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Not only does Windsor, ON now have a 3% @VacantHomeTax but it is relying on a "snitch line" so that neighbours report on each other. "Do you or have you ever owned a vacant property?" #YouCantMakeThisUp! https://t.co/6FINWh0Rgw

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

CRA tool for determining filing status under Canada's #underusedhousingtax rules https://t.co/R3xBOY6d5X

[Allan Lanthier @lanthiertax]

Terrific piece by @IvisonJ.

“When the book is finally written, it will be noted that the besetting sin of the Trudeau government was the belief that the private sector is there to be milked, rather than it being an engine capable of pulling the economy toward greater prosperity”

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Discussion of Canada's nationality based Underused Housing Tax ... https://t.co/wIUcrkwqOQ

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

https://t.co/flvrIXVP8F

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Specified Canadian Corporations are now excluded owners … (according to the tax return) …

https://t.co/G2JVBUt8pM

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

Toronto demanded “proof” from residents who accurately declared their home was not vacant.

Now they have no ability to verify the proof… it’s almost like they botched it on purpose for investors that lied. 🤷‍♂️

… also 3 different numbers on the same day? 🙃

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

https://t.co/NkTpEosAL5

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

https://t.co/Pp2k1dOvU7

[John Richardson - Counsellor for US persons abroad @ExpatriationLaw]

Update on Canada’s #Underusedhousingtax - @VacantHomeTax - requirements. Appears proposed amendments will be the law … https://t.co/iy4rxtPIeP

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

The arbitrariness of property taxes ... https://t.co/kVWZqAq1Ym

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Canada's Underused Housing Tax Treats Non-residents Of Canada Differently https://t.co/Ge8SZL6vEl via @TaxConnections

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

https://t.co/mCX1bbNELs

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

March 2024 updates from the Canada Revenue Agency about #CanadaUnderusedHousingTax - not yet law, but suggestion that there will be more "excluded owners". https://t.co/E8VlDjYD6K

[Allan Lanthier @lanthiertax]

Under Canada’s new and ridiculous rules, if I contract for an iPhone to be used and paid for exclusively by my 16 year-old daughter (who goes to school and works part time), that arrangement is a bare trust which must be reported on the new T-3, with penalties if I fail to do so.

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

About Canada's @VacantHomeTax

[Allan Lanthier @lanthiertax]

The UHT is one of the worst legislative initiatives ever. A Canadian citizen or permanent resident can have 5 or 10 homes or more without a penny of UHT.

(I would have said THE worst, but the Liberals have now outdone themselves with the atrocious rules for trust reporting.)

[Allan Lanthier @lanthiertax]

The UHT is one of the worst legislative initiatives ever. A Canadian citizen or permanent resident can have 5 or 10 homes or more without a penny of UHT.

(I would have said THE worst, but the Liberals have now outdone themselves with the atrocious rules for trust reporting.)

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

Good news (I think) ... https://t.co/LM6R8ECyGQ

[Penalty Taxes On Vacant, Empty Or Underused Homes @VacantHomeTax]

BC new rules to limit AirBNB ...https://t.co/E8aT4K0YmW