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How Does the Underused Housing Tax Work in Canada

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The Canadian Government implemented the Underused Housing Tax, an annual tax on the ownership of vacant or underused housing in Canada typically applied to non-citizen or non-permanent resident owners. We are joined by Jason Heath, certified financial planner at Objective Financial Partners Inc, to tell us more about the tax and how it works including that it could at times apply to Canadian residents. Check out objectivecfp.com and connect on X(Twitter) and Facebook.