CRA sends postcards on underused housing tax in dubious awareness campaign
The UHT, which took effect at the start of 2022, is an annual levy of 1 per cent on homes owned by foreigners and considered underused or vacant
Source: theglobeandmail.com
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The UHT, which took effect at the start of 2022, is an annual levy of 1 per cent on homes owned by foreigners and considered underused or vacant
Agency has spent more administering the UHT than it has assessed so far
Company says it has a plan to repay the federal government $67.2 million in unpaid taxes
But the writ of seizure and sale is just an arrangement put in place in case Flair fails on its tax repayment plan, CEO Stephen Jones said
The discount airline vows business as usual as it navigates more financial headwind with the Canadian Revenue Agency.