Toronto extends vacant home tax declaration deadline to March 15, providing two extra weeks for owners to reveal occupancy status.
Toronto extended its vacant home tax declaration deadline from Feb 29 to Mar 15, providing two more weeks for homeowners to submit their occupancy status without a fee. The tax, 1% for 2023 and rising to 3% in 2024, aims to increase housing availability by discouraging owners from leaving properties unoccupied. Over 63% of Toronto's residential properties have declared occupancy status so far.
March 01, 2024
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