• Home
  • |
  • Underused Housing Tax
Article Details

Underused Housing Tax

Are you up to date on the new tax implemented by CRA? Check out these important changes.

The Underused Housing Tax is an annual 1% tax on the ownership of vacant or underused housing in Canada that took effect on January 1, 2022.  The tax usually applies to non-resident, non-Canadian owners.  In some situations, however, it also applies to Canadian owners.  Click the link below to find out more about who qualifies, the filing deadlines and penalties.