As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more
9/27/2023
/ Affordable Housing ,
Apartments ,
Commercial Property Owners ,
Department of Finance ,
Fair Market Value ,
GST ,
Housing Developers ,
Housing Market ,
Office Space ,
Ontario ,
Real Estate Development ,
Rebates ,
Rental Property ,
Senior Housing ,
Student Housing
The Department of Finance recently released a package of materials containing potential changes to the Canadian tax system (Tax Proposals). The materials, released on August 9, 2022, include draft amendments to the Income Tax...more
8/24/2022
/ Canada ,
Department of Finance ,
Disclosure Requirements ,
Financial Institutions ,
Foreign Subsidiaries ,
GAAR ,
Income Tax Act ,
Internal Revenue Code (IRC) ,
Net Investment Income ,
OECD ,
Partnerships ,
Privately Held Corporations ,
Shareholders ,
Withholding Tax