Navigating Canada’s Underused Housing Tax
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On June 9, 2022, the federal government enacted the Underused Housing Tax (UHT), effective for the 2022 tax year. The first filing for 2022 is due on April 30, 2023. While REALTORS® do not assume direct responsibility, they can help inform their clients of their tax filing obligations. What is the Underused Housing Tax? The …