How vacant home tax in Canada really works...
Hey guys,
Vancouver has implemented a new "Vacant home tax" back in 2017, followed by Ottawa and Toronto in 2022. There are other major cities in Canada exploring right now possibility of similar new vacant home tax.
In this video, I am going through all information you need to know in regards to this Vacant Home Tax just recently implemented in Toronto, answering the question who really needs to submit a declaration of occupancy, independent if you own one or X properties in Toronto.
Hope, you'll find value in this video!
Best,
Norbert
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