Source Feed: The Globe and Mail
Author: Oliver Moore
Publication Date: April 18, 2024 - 15:37
Toronto votes to keep vacant home tax after its second year causes chaos
April 18, 2024
Toronto voted to keep its vacant home tax after a botched year that caused panic among some property owners mistakenly hit with huge penalties.The tax is in its second year and requires a proactive annual declaration by the owner that a home is occupied. But many people who did so in 2023 evidently did not understand it was needed again this year, leading to a spike in skipped declarations.
Unpublished Newswire
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