CRA employee leaked a slideshow outlining a planned crackdown on high-end homeowners with minimal incomes with a promise of 50 extra income auditors, plus 35 other staff on the B.C. real estate project. A federal crackdown on tax cheats in Vancouver’s sizzling housing market — which is acting like a flame to speculators, real estate predators and […]
Canadian Taxman conducts witch hunt to go after Condo Flippers
Tax auditors target condo sellers in hunt for ‘flippers’ They’re looking primarily for people who bought condos before they were built, intending to flip them for a profit as soon as the project is complete. Toronto tax lawyer William Howse is warning realtors in a two-page bulletin that Canada Revenue Agency auditors have been targeting […]
Eliminating Toronto Land Transfer Tax – Scandalous Mayor Rob Ford Populist Publicity Stunt ?
With the City of Toronto’s Executive Committee expected to review a City staff report on options for phasing out the Toronto Land Transfer Tax in coming weeks, a new poll is showing strong public support for eliminating this tax. New Poll Shows Continued Strong Public Support for Eliminating Toronto Land Transfer Tax “The public continues […]
Healthy Homes Tax Credit 2012
When we look at our data we notice that our readership is typically between the ages of 24-45 so if we could ask all of you youngsters to pass this information on to your parents or grandparents that would be great.You could save them $1,500 come tax time. Have you heard of the Healthy Home Renovation […]