Tax Forms 2024 Pdf Canada. The federal underused housing tax (uht) of 1% of the value of the home, which may apply to vacant or underused residential property, was paid and filed for the first time in. Toronto’s 2024 vacancy tax rate increased to 3% and ottawa remains at 1% of the property’s value, with varying deadlines for filing and payment.
The federal underused housing tax (uht) of 1% of the value of the home, which may apply to vacant or underused residential property, was paid and filed for the first time in. As a result of the 2024 federal budget, the capital gains inclusion rate has increased from 50% to 66.67%, meaning that gains realized on a sale since june 25, 2024, are subject to a higher tax.