Farm Alert
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Underused housing under new tax
Canada has introduced Bill C-8, legislation to tax residential properties deemed vacant or underused. The Underused Housing Tax (UHT) proposes a one per cent tax of the property’s assessed value (or most recent sale price) on an annual basis…but there are exclusions.
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Baker Tilly Ottawa LLP
400-301 Moodie Drive
Ottawa, Ontario
K2H 9C4

[email protected]   |   bakertilly.ca
Baker Tilly Canada periodically publishes Tax Alert for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada. While Tax Alert may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps.
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Baker Tilly Ottawa LLP · 301 Moodie Drive · Suite 400 · Ottawa, Ontario K2H9C4 · Canada