Underused Housing Tax 2022

Free

Underused Housing Tax 2022

Course
23 Lessons

The mechanics of UHT including the background on the legislation: How UHT rules impact trustees, partners, and corporations How UHT rules impact multiple residential property owners How UHT rules will impact non-Canadians & Canadian PR & citizens UHT exemptions for affected owners How UHT tax is calculated for affected owners Filing and payment requirements of UHT Administrative matters (deadlines, penalties)

Get now

Participant Guide & Slides

Recent Updates Underused Housing Tax & Real Estate Transactions - Participants.pptx

Learning Objectives and Agenda

Learning objectives, agenda.mp4

Module 1

What is an underused housing tax?

Module 1.mp4

Module 2

Understanding key terms used in UHT Act

Owner of a residential property

Are you an excluded owner

Ae you an affected owner

Module 2.mp4

Module 3

Understanding UHT Exemptions for an affected owner

The type of owner

The availability of residential property

Module 3 - Part 1 - UHT - type of owner.mp4

Module 3 - Part 2 - UHT exemption availability of RP.mp4

Module 4

Understanding UHT Exemptions for an affected owner

The location and use of the residential property

The occupant of the residential property

Multiple residential property rules

Module 4 - Part 1.mp4

Module 4 - Part 2 - Multiple residential properties.mp4

Module 5

How to calculate the UH tax payable

Module 5.mp4

Module 6

Administrative matters related to UHT tax

Module 6.mp4

Module 7

Recent real-estate changes from budget 2022 and 2022 fall economic statement

Module 7.mp4

About the Instructor

Haroon Khan, CPA, CA (Canada), CPA (Illinois, USA)

Haroon Khan is a seasoned tax professional with over 15 years of experience, having held positions at leading accounting firms, including the Big 4, where he served as a Senior Tax Manager and Tax Partner. Currently, he serves as a tax partner in Toronto, specializing in CCPCs and private and public corporations, with expertise in cross-border U.S./Canadian tax. In addition to his corporate roles, he has supported many fellow CPAs by sharing his expertise in tax and accounting through educational initiatives such as htkacademy.com and cpdhours.com. He is also actively instructing various professional organizations, including the CPA Canada In-Depth Tax Program, CPA Canada Professional Education Program, and CPA Ontario Professional Development Program. Furthermore, he teaches MBA and BBA students at the Schulich School of Business. In recognition of his contributions to both the profession and society, he was acknowledged as a 2023 CPA Ontario Emerging Leader.