Americans who own cottages in Canada have been granted another reprieve from Canada’s Underused Housing Tax but those required to pay the tax will still have to hand over 1% of the value of their home in Canada every year since the tax came into effect at the start of 2022.
Tax Deadline Extended for American Owners of Cottages in Canada
Hundreds of American Cottage Owners Required To Pay Annual 1% Tax of Value of Their Canadian Property
CoStar News
November 7, 2023 | 8:43 P.M.
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