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LATEST TECH ARTICLES
Underused Housing Tax (UHT): Is It Cancelled? Who Must File?
What Is the Underused Housing Tax (UHT)? The Underused Housing Tax (UHT) is a federal tax introduced by the Government of Canada to discourage the ownership of underused or vacant residential properties. The tax is generally 1% of the property’s value per year and applies mainly to certain owners of Canadian residential real estate. However, UHT is often misunderstood . Many people believe it applies only to foreign owners or vacant homes — which is not entirely true . Has
Jan 20
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