The Canada Revenue Agency pushed back the deadline for a new federal tax on underused housing in a last-minute decision it announced on Tuesday, the very same date it had previously set as the cutoff.
“We understand that many homeowners may not be aware that they are subject to this new law,” Minister of National Revenue Marie-Claude Bibeau said in a statement. “I want to ensure that every effort has been made to inform homeowners.” Accountants across the country had warned that many Canadians were likely unaware that filing requirements might apply to them, because Ottawa had consistently presented the tax as targeting foreign nationals.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.