Tuesday December 10, 2019

Canadian tax update – from FOCA

From FOCA (Federation of Ontario Cottager’s Associations):

Principle Residence Exemption Update 2016 – The Canada Revenue Agency has recently made changes that can result in the unnecessary payment of capital gains taxes or penalties when your cottage or home is sold or transferred. Find out more here: https://foca.on.ca/principle-residence-exemption-update-2016-members-only/