Toronto Vacant Home Tax
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Deadline to submit Toronto vacant home tax declaration extendedThe City of Toronto says it has extended the deadline for homeowners to submit their vacant home tax declaration by an additional two weeks.CanadaMar 1
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Toronto homeowners reminded to submit yearly vacant home tax declaration by Feb. 29There is a fee of $21.14 for those who do not submit their declaration by the deadline.CanadaFeb 2
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Toronto city council debates vacant home tax hike amid budget and housing crunchToronto city council is discussing a proposed hike to its vacant home tax, backed by Mayor Olivia Chow as a way to help battle a housing crunch.PoliticsOct 11, 2023
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Toronto homeowners have until the end of February to declare if their home is vacantThe city said reminder notices will be mailed out the week of Feb. 13 to property owners who haven't' submitted their declaration.CanadaFeb 2, 2023
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City of Toronto looking for feedback on vacant home tax in effort to increase housing supply"Hopefully, over time, it becomes a tax that essentially collects no revenue, because it will have been successful in prompting investors to bring their units online."CanadaOct 21, 2021
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Toronto city council approves plan to implement vacant home taxCity officials said the goal of the tax is not to collect revenue, but to create a disincentive for homeowners to keep their homes vacant and in turn increase the housing supply.EconomyJul 15, 2021
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City report recommends tax on vacant Toronto homesOfficials say the tax would increase Toronto's housing supply and that revenue generated through the tax could go to support affordable housing projects in the city.EconomyDec 3, 2020
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