Canada Revenue Agency |
加拿大税务局 | Protected B when completed | ||||||||||||||||||||||||||||||||||||||||
Underused Housing Tax Return and Election Form | ||||||||||||||||||||||||||||||||||||||||||
• | Use this return if, on December 31 of a calendar year (starting with the 2023 calendar year), you are an owner of a residential property and not an excluded owner of the residential property, as set out in subsection 7(1) of the Underused Housing Tax Act (UHTA). |
Do not use this area | ||||||||||||||||||||||||||||||||||||||||
• | For purposes of Underused Housing Tax (UHT), residential property is property situated in Canada subject to certain requirements under the UHTA. For more information, see the definition of residential property in the Additional Information section at the end of this return. |
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• | You must file an annual return with the Canada Revenue Agency (CRA) on or before April 30 for each residential property that you own on December 31 of the preceding calendar year. If you do not already have a Canadian tax identification number (such as a social insurance number, individual tax number, or business number), contact the CRA before filing this return. |
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• | A corporation or an individual can file this return in their own capacity, or in their capacity as a partner of a partnership or a trustee of a trust. However, if you are an owner of the residential property in your capacity as a trustee of a trust that is a mutual fund trust, a real estate investment trust, or a specified investment flow-through trust for Canadian income tax purposes, you are an excluded owner of the residential property and you do not need to file a return for that property. |
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• | If you have a foreign address or need to indicate your citizenship in Part 1, use a standardized country code to indicate your country by entering the appropriate three-letter code. For more information, go to iso.org/iso-3166-country-codes.html. |
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• | For more information, see the Additional information section at the end of this return or go to canada.ca/cra-uht. | |||||||||||||||||||||||||||||||||||||||||
Year | ||||||||||||||||||||||||||||||||||||||||||
010 | Amended | Calendar year | 012 | |||||||||||||||||||||||||||||||||||||||
Part 1 – Information about the owner |
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002 | Legal name of owner | 001 | Social insurance number (SIN), individual tax number (ITN), or business number (BN-RU) | |||||||||||||||||||||||||||||||||||||||
017 | Mailing address | 018 | Province, territory or state | |||||||||||||||||||||||||||||||||||||||
019 | Country code | 020 | Postal or Zip code | 022 | Telephone number (with country calling code) | 023 | Extension | |||||||||||||||||||||||||||||||||||
Contact Person (authorized person, optional): | ||||||||||||||||||||||||||||||||||||||||||
025 | Name of contact person | 024 | Name of firm (if applicable) | |||||||||||||||||||||||||||||||||||||||
026 | Mailing address | 027 | Province, territory or state | |||||||||||||||||||||||||||||||||||||||
029 | Country code | 028 | Postal or Zip code | 030 | Telephone number (with country calling code) | 031 | Extension | |||||||||||||||||||||||||||||||||||
Citizenship of the owner who is an individual: | ||||||||||||||||||||||||||||||||||||||||||
105 | If you are an owner and an individual who is neither a Canadian citizen nor permanent resident of Canada, in which country do you have citizenship? | |||||||||||||||||||||||||||||||||||||||||
Partnership and trust related questions: | ||||||||||||||||||||||||||||||||||||||||||
Do you own the residential property as a partner of a partnership? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 110 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If line 110 is yes, what is the partnership account number (if applicable)? . . . . . . . . . . . . . . . . . | 115 | |||||||||||||||||||||||||||||||||||||||||
Do you own the residential property as a trustee of a trust (other than a trust that is a mutual fund trust, real estate investment | ||||||||||||||||||||||||||||||||||||||||||
trust or specified investment flow-through trust for Canadian income tax purposes)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 120 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If line 120 is yes, what is the trust account number (if applicable)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 125 | |||||||||||||||||||||||||||||||||||||||||
UHT-2900 E (23) | 版权所有 © 2021 AdvTax | Page 1 of 9 | ||||||||||||||||||||||||||||||||||||||||
Protected B when completed | ||||||||||||||||||||||||||||||||||||||||||
Part 2 – Information about your residential property in Canada |
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Enter the physical address of the residential property you own in Canada. | ||||||||||||||||||||||||||||||||||||||||||
Note: If you own more than one residential property in Canada, you have to file a separate return for each property. | ||||||||||||||||||||||||||||||||||||||||||
200 | Physical address | 210 | Province or territory | 220 | Postal code | |||||||||||||||||||||||||||||||||||||
Additional information on the residential property identification | ||||||||||||||||||||||||||||||||||||||||||
230 | Property ID used in the land registration system or similar system | 235 | Property tax or assessment roll number (if applicable) | |||||||||||||||||||||||||||||||||||||||
What type is the residential property? | ||||||||||||||||||||||||||||||||||||||||||
240 | Detached house | 241 | Duplex | 242 | Triplex | 243 | Semi-detached house | |||||||||||||||||||||||||||||||||||
244 | Townhouse or | 245 | Residential | |||||||||||||||||||||||||||||||||||||||
rowhouse unit | condominium unit | |||||||||||||||||||||||||||||||||||||||||
Ownership of the residential property: | ||||||||||||||||||||||||||||||||||||||||||
Year | ||||||||||||||||||||||||||||||||||||||||||
In which year did you become an owner of the residential property? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 260 | |||||||||||||||||||||||||||||||||||||||||
What type of ownership do you have? | ||||||||||||||||||||||||||||||||||||||||||
261 | Sole | 262 | Joint tenancy | 263 | Tenants in common | |||||||||||||||||||||||||||||||||||||
What is your ownership percentage of the residential property on December 31 of the calendar year? . . . . . . . . . . . . . . . . . | 265 | % | ||||||||||||||||||||||||||||||||||||||||
Provide the following information about any other owner of the property having an interest in the property of 10% or more: | ||||||||||||||||||||||||||||||||||||||||||
Name of owner | Ownership percentage |
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270 | 275 | |||||||||||||||||||||||||||||||||||||||||
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2. | ||||||||||||||||||||||||||||||||||||||||||
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5. | ||||||||||||||||||||||||||||||||||||||||||
6. | ||||||||||||||||||||||||||||||||||||||||||
7. | ||||||||||||||||||||||||||||||||||||||||||
8. | ||||||||||||||||||||||||||||||||||||||||||
9. | ||||||||||||||||||||||||||||||||||||||||||
Taxable value of the residential property: | ||||||||||||||||||||||||||||||||||||||||||
What is the assessed value of the property that is (or includes) the residential property? . . . . . . . . | 280 | |||||||||||||||||||||||||||||||||||||||||
What was the residential property's most recent sale price on or before December 31 of the | ||||||||||||||||||||||||||||||||||||||||||
calendar year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 285 | |||||||||||||||||||||||||||||||||||||||||
Taxable value (the amount from line 280 or 285, whichever is greater) | 2A | |||||||||||||||||||||||||||||||||||||||||
Note: For more information about the meaning of ownership percentage, assessed value, and taxable value, see the Additional information section at the end of this return. |
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UHT-2900 E | Page 2 of 9 | |||||||||||||||||||||||||||||||||||||||||
Protected B when completed | ||||||||||||||||||||||||||||||||||||||||||
Part 3 – Multiple residential properties |
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This part only applies to owners who are individuals and that are neither Canadian citizens nor permanent residents of Canada. If you are a corporation, this part does not apply to you. |
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Note: If you own more than one residential property in Canada, you have to file a separate return for each property. The due date for making the multiple residential properties election is the same as the due date for the UHT return to which the election applies. |
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Section 1 – Multiple properties | ||||||||||||||||||||||||||||||||||||||||||
All individuals must fill out this section. | ||||||||||||||||||||||||||||||||||||||||||
Are you an owner of any other residential properties in Canada? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 300 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If line 300 is yes, how many other residential properties in Canada do you own? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 305 | |||||||||||||||||||||||||||||||||||||||||
Do you have a spouse or common-law partner who is neither a Canadian citizen nor a permanent resident of Canada and who | ||||||||||||||||||||||||||||||||||||||||||
is an owner of any residential properties in Canada? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 310 | Yes | No | |||||||||||||||||||||||||||||||||||||||
Note: If line 300 is no and you do not have a spouse or common-law partner, go to Part 4. If line 300 is no and your spouse or common-law partner, who is neither a Canadian citizen nor a permanent resident of Canada, does not own any residential properties in Canada other than the residential property described in Part 2, you may select no for line 310 and go to Part 4. |
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If you selected yes to either line 300 or 310, your ability to claim an exemption in Part 4 (Exemption for Primary Place of Residence) or Part 5 (Exemption for Qualifying Occupancy) for your, or your spouse's or common-law partner's, personal occupancy of the properties will be restricted unless you, or you and your spouse or common-law partner, elect to designate one of the residential properties for the purposes of subsection 6(10) of the UHTA for the calendar year. |
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You may only elect to designate one residential property for the purposes of subsection 6(10) of the UHTA for a calendar year. You cannot elect to designate different residential properties to claim multiple exemptions based on your, or your spouse's or common-law partner's, personal occupancy of the properties. |
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Section 2 – Election to designate a residential property | ||||||||||||||||||||||||||||||||||||||||||
Fill out this section if you selected yes for line 300 and no for line 310. | ||||||||||||||||||||||||||||||||||||||||||
Are you electing to designate the residential property described in Part 2 for the purposes of subsection 6(10) of the UHTA for | ||||||||||||||||||||||||||||||||||||||||||
the calendar year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 315 | Yes | No | |||||||||||||||||||||||||||||||||||||||
Section 3 – Joint election to designate a residential property | ||||||||||||||||||||||||||||||||||||||||||
Fill out this section if you selected yes for line 310. | ||||||||||||||||||||||||||||||||||||||||||
Are you and your spouse or common-law partner electing to designate the residential property described in Part 2 for the | ||||||||||||||||||||||||||||||||||||||||||
purposes of subsection 6(10) of the UHTA for the calendar year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 320 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If line 320 is yes, has your spouse or common-law partner consented to this election? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 325 | Yes | No | |||||||||||||||||||||||||||||||||||||||
Note: To constitute a valid joint election, your spouse or common-law partner must elect to designate the same residential property for the calendar year in an UHT return for a residential property they own. The election is incomplete until the CRA receives your spouse or common-law partner's portion of the election on their UHT return designating the same residential property. |
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330 | Legal name of your spouse or common-law partner (last name, first name) | 335 | SIN or ITN of your spouse or common-law partner | |||||||||||||||||||||||||||||||||||||||
If line 320 is no, are you and your spouse or common-law partner electing to designate another residential property for the | ||||||||||||||||||||||||||||||||||||||||||
purposes of subsection 6(10) of the UHTA for the calendar year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 345 | Yes | No | |||||||||||||||||||||||||||||||||||||||
350 | Address of the other residential property | |||||||||||||||||||||||||||||||||||||||||
Are you also an owner of the other residential property? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 355 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If line 345 is yes, has your spouse or common-law partner consented to this election? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 360 | Yes | No | |||||||||||||||||||||||||||||||||||||||
Note: To constitute a valid joint election, your spouse or common-law partner must elect to designate the same residential property for the calendar year in an UHT return for a residential property they own. The election is incomplete until the CRA receives your spouse or common-law partner's portion of the election on their UHT return designating the same residential property. |
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365 | Legal name of your spouse or common-law partner (last name, first name) | 370 | SIN or ITN of your spouse or common-law partner | |||||||||||||||||||||||||||||||||||||||
UHT-2900 E | Page 3 of 9 | |||||||||||||||||||||||||||||||||||||||||
Protected B when completed | ||||||||||||||||||||||||||||||||||||||||||
Part 4 – Exemption for primary place of residence |
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This part applies to situations where a dwelling unit that is part of the residential property is occupied by an owner or certain members of the owner's family. Only owners who are individuals may qualify for this exemption. |
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Note: If you are an owner of multiple residential properties, or if you and your spouse or common-law partner (who is neither a Canadian citizen nor a permanent resident of Canada) are owners of multiple residential properties, you are not eligible to claim an exemption under this part unless you have filled out the election in Part 3 to designate the residential property described in Part 2 for purposes of subsection 6(10) of the UHTA for the calendar year. |
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Is your ownership of the residential property exempt on the basis that it is a primary place of residence under one of the | ||||||||||||||||||||||||||||||||||||||||||
situations described in line 415 or 425? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 405 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If no, go to Part 5. | ||||||||||||||||||||||||||||||||||||||||||
If yes, select the situation below that applies to you and go to Part 9. | ||||||||||||||||||||||||||||||||||||||||||
415 | A dwelling unit that is part of the residential property is, for the calendar year, your primary place of residence, or the primary place of residence of | |||||||||||||||||||||||||||||||||||||||||
your spouse or common-law partner. | ||||||||||||||||||||||||||||||||||||||||||
425 | A dwelling unit that is part of the residential property is, for the calendar year, the primary place of residence of your child, or a child of your | |||||||||||||||||||||||||||||||||||||||||
spouse or common-law partner, who occupies the residential property while pursuing authorized study at a designated learning institution. | ||||||||||||||||||||||||||||||||||||||||||
Note: For more information about dwelling unit or primary place of residence, see the Additional Information section at the end of this return. | ||||||||||||||||||||||||||||||||||||||||||
Part 5 – Exemption for qualifying occupancy |
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This part applies in situations where your ownership of a residential property has one or more qualifying occupancy periods totalling at least 180 days in the calendar year. When calculating the total days of qualifying occupancy periods in the calendar year, do not include periods of continuous occupancy that are less than a month. Any common days of overlapping qualifying occupancy periods are only counted once. For more information about the qualifying occupancy period and continuous occupancy, see the Additional information section at the end of this return. |
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Note: If you are an individual who is an owner of multiple residential properties, or if you and your spouse or common-law partner (who is neither a Canadian citizen nor a permanent resident of Canada) are owners of multiple residential properties, your (and your spouse's or common-law partner's) personal occupancy is not included in a qualifying occupancy period for lines 530 and 540 unless you have filled out the election in Part 3 to designate the residential property described in Part 2 for purposes of subsection 6(10) of the UHTA for the calendar year. |
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Is your ownership of the residential property exempt under the qualifying occupancy exemption? . . . . . . . . . . . . . . . . . . . . . . . . | 505 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If no, go to Part 6. | ||||||||||||||||||||||||||||||||||||||||||
If yes, select all of the situations below that apply to you and your ownership of the residential property, and then go to Part 9. | ||||||||||||||||||||||||||||||||||||||||||
510 | An individual who deals at arm's length with you (and, if applicable, with your spouse or common-law partner) was given continuous occupancy | |||||||||||||||||||||||||||||||||||||||||
of a dwelling unit that is part of the residential property under an agreement evidenced in writing. | ||||||||||||||||||||||||||||||||||||||||||
Total number of days during the calendar year that are included in a qualifying occupancy period in this situation . . . . . . . | 515 | |||||||||||||||||||||||||||||||||||||||||
An individual who does not deal at arm's length with you (or, if applicable, with your spouse or common-law | ||||||||||||||||||||||||||||||||||||||||||
520 | partner) was given continuous occupancy of a dwelling unit that is part of the residential property under an | |||||||||||||||||||||||||||||||||||||||||
agreement evidenced in writing and for consideration that is not below fair rent. | ||||||||||||||||||||||||||||||||||||||||||
Total number of days during the calendar year that are included in a qualifying occupancy period in this situation . . . . . . . | 525 | |||||||||||||||||||||||||||||||||||||||||
530 | You, or your spouse or common-law partner, have continuous occupancy and occupy a dwelling unit that is part of | |||||||||||||||||||||||||||||||||||||||||
the residential property for the purpose of pursuing authorized work under a Canadian work permit. | ||||||||||||||||||||||||||||||||||||||||||
Total number of days during the calendar year that are included in a qualifying occupancy period in this situation . . . . . . . | 535 | |||||||||||||||||||||||||||||||||||||||||
540 | Your spouse, common-law partner, parent, or child, who is a Canadian citizen or permanent resident of Canada, | |||||||||||||||||||||||||||||||||||||||||
has continuous occupancy of a dwelling unit that is part of the residential property. | ||||||||||||||||||||||||||||||||||||||||||
Total number of days during the calendar year that are included in a qualifying occupancy period in this situation . . . . . . . | 545 | |||||||||||||||||||||||||||||||||||||||||
Instances of common dates in qualifying occupancy periods reported in lines 515, 525, 535, and 545 . . . . . . . . . . . . . . . . | 547 | |||||||||||||||||||||||||||||||||||||||||
Total number of days included in all qualifying occupancy periods during the calendar year | ||||||||||||||||||||||||||||||||||||||||||
(total of lines 515, 525, 535, and 545 minus line 547) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 550 | |||||||||||||||||||||||||||||||||||||||||
UHT-2900 E | Page 4 of 9 | |||||||||||||||||||||||||||||||||||||||||
Protected B when completed | ||||||||||||||||||||||||||||||||||||||||||
Part 6 – Other exemptions |
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Is your ownership of the residential property exempt under any of the following exemptions? . . . . . . . . . . . . . . . . . . . . . . . . . . . | 605 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If no, go to Part 7. | ||||||||||||||||||||||||||||||||||||||||||
If yes, select the exemption below that applies to you or your property and go to Part 9. | ||||||||||||||||||||||||||||||||||||||||||
620 | You are an owner of the residential property solely in your capacity as one of the following: | |||||||||||||||||||||||||||||||||||||||||
– a partner of a partnership that is a specified Canadian partnership in respect of the calendar year | ||||||||||||||||||||||||||||||||||||||||||
– a trustee of a trust that is a specified Canadian trust in respect of the calendar year and the residential property. | ||||||||||||||||||||||||||||||||||||||||||
625 | You are an owner of the residential property who is a specified Canadian corporation in respect of the calendar year. | |||||||||||||||||||||||||||||||||||||||||
630 | The residential property is not suitable for year-round use as a place of residence. | |||||||||||||||||||||||||||||||||||||||||
635 | The residential property is seasonally inaccessible because public access is not maintained year-round. | |||||||||||||||||||||||||||||||||||||||||
The residential property was uninhabitable for at least 60 consecutive days in the calendar year due to disaster or hazardous conditions caused | ||||||||||||||||||||||||||||||||||||||||||
640 | by circumstances beyond your reasonable control, and this exemption did not apply for the same disaster or hazardous condition for more than | |||||||||||||||||||||||||||||||||||||||||
one previous calendar year. | ||||||||||||||||||||||||||||||||||||||||||
Date when the residential property became uninhabitable due to disaster or hazardous conditions . . . . . . | 642 | |||||||||||||||||||||||||||||||||||||||||
Year Month Day | ||||||||||||||||||||||||||||||||||||||||||
Date when the residential property became inhabitable again (if applicable) . . . . . . . . . . . . . . . . . . . . . . . | 643 | |||||||||||||||||||||||||||||||||||||||||
Year Month Day | ||||||||||||||||||||||||||||||||||||||||||
A dwelling unit that is part of the residential property was uninhabitable for at least 120 consecutive days in the calendar year due to renovations, | ||||||||||||||||||||||||||||||||||||||||||
645 | any work in relation to the renovations is carried on without unreasonable delay, and this exemption did not apply for any of the 9 previous | |||||||||||||||||||||||||||||||||||||||||
calendar years. | ||||||||||||||||||||||||||||||||||||||||||
Date when the dwelling unit that is part of the residential property became uninhabitable | ||||||||||||||||||||||||||||||||||||||||||
due to renovations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 647 | |||||||||||||||||||||||||||||||||||||||||
Year Month Day | ||||||||||||||||||||||||||||||||||||||||||
Date when the dwelling unit that is part of the residential property became inhabitable again | ||||||||||||||||||||||||||||||||||||||||||
(if applicable) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 648 | |||||||||||||||||||||||||||||||||||||||||
Year Month Day | ||||||||||||||||||||||||||||||||||||||||||
650 | You became an owner of the residential property in the calendar year and you were never an owner of the residential property in the previous | |||||||||||||||||||||||||||||||||||||||||
nine calendar years. | ||||||||||||||||||||||||||||||||||||||||||
655 | The owner died during the calendar year or in the previous calendar year. | |||||||||||||||||||||||||||||||||||||||||
You are the personal representative of a deceased individual who was an owner of the residential property during the calendar year or the | ||||||||||||||||||||||||||||||||||||||||||
660 | previous calendar year, and you were not an owner of the residential property in either of those calendar years except as the personal | |||||||||||||||||||||||||||||||||||||||||
representative of the deceased individual. | ||||||||||||||||||||||||||||||||||||||||||
You were an owner of the residential property with an individual who was also an owner of the residential property on the day the individual died | ||||||||||||||||||||||||||||||||||||||||||
665 | in the calendar year or the previous calendar year, and the deceased individual's ownership percentage at the time of death was at | |||||||||||||||||||||||||||||||||||||||||
least 25%. | ||||||||||||||||||||||||||||||||||||||||||
670 | The construction of the residential property is not substantially completed before April of the calendar year. | |||||||||||||||||||||||||||||||||||||||||
The construction of the residential property is substantially completed in January, February or March of the calendar year, the residential property | ||||||||||||||||||||||||||||||||||||||||||
675 | is offered for sale to the public during the calendar year and it had never been occupied by an individual as a place of residence or lodging during | |||||||||||||||||||||||||||||||||||||||||
the calendar year. | ||||||||||||||||||||||||||||||||||||||||||
680 | The residential property is located in an eligible area and is used as a place of residence or lodging by you, or your spouse or common-law | |||||||||||||||||||||||||||||||||||||||||
partner, for at least 28 days during the calendar year. | ||||||||||||||||||||||||||||||||||||||||||
Note: For more information about an owner, specified Canadian partnership, specified Canadian trust, specified Canadian corporation, or eligible area, see the Additional information section at the end of this return. |
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UHT-2900 E | Page 5 of 9 | |||||||||||||||||||||||||||||||||||||||||
Protected B when completed | ||||||||||||||||||||||||||||||||||||||||||
Part 7 – Fair market value (FMV) election |
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If you choose to make a FMV election for this particular residential property, you are electing to use the FMV of your property, instead of its taxable value calculated in Part 2, to calculate your UHT owing for the calendar year. |
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The FMV election might be appropriate where only a portion of a property is appropriate to regard as residential property. For more information, see definition of residential property in the Additional Information section at the end of this return. |
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The amount you report as the FMV of the residential property must be supported by a written appraisal prepared by an accredited real estate appraiser operating at arm's length from you with an effective date for FMV that is between January 1 of the calendar year and April 30 of the following year. A FMV election only applies to the UHT return for which the FMV election is made. |
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Are you electing to use the FMV of the property to calculate the tax owing? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 705 | Yes | No | |||||||||||||||||||||||||||||||||||||||
If line 705 is yes, what is the appraised FMV of the property? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 715 | |||||||||||||||||||||||||||||||||||||||||
Effective date of FMV appraisal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 720 | |||||||||||||||||||||||||||||||||||||||||
Year Month Day | ||||||||||||||||||||||||||||||||||||||||||
Note: The written appraisal must be prepared by an accredited member of the Appraisal Institute of Canada or a comparable body and conform to the standards of practice of the applicable body. Keep the original written appraisal in case the CRA asks to see it later. The due date for making the election is the same as the due date for the UHT return to which the election applies. |
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Part 8 – Calculation of tax payable |
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Taxable value (enter amount 2A, or if you are making a FMV election in Part 7, enter the amount from line 715) . . . . . . . . . . . . . . | 8A | |||||||||||||||||||||||||||||||||||||||||
Your ownership percentage (amount from line 265) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | % | 8B | ||||||||||||||||||||||||||||||||||||||||
Taxable amount (amount 8A multiplied by amount 8B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 8C | |||||||||||||||||||||||||||||||||||||||||
Underused housing tax owing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | Amount 8C | x 1% = | 375 | |||||||||||||||||||||||||||||||||||||||
Amount of payment enclosed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 400 | |||||||||||||||||||||||||||||||||||||||||
Note: You will be subject to penalties and interest for failure to file this return or to pay tax owing on time. For more information, see the Additional information section at the end of this return. |
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Part 9 – Election and return certification |
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I certify that the information given on this return and in any attached document is correct and complete. I understand that any missing or incorrect information may delay the processing of my return. I also understand that it is a serious offence to make a false statement. |
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960 | 961 | |||||||||||||||||||||||||||||||||||||||||
(Print) Name of individual, legal representative, or authorized person | Position or office of the legal representative or authorized person | |||||||||||||||||||||||||||||||||||||||||
962 | 963 | Date | ||||||||||||||||||||||||||||||||||||||||
Signature of individual or authorized person | Year Month Day | |||||||||||||||||||||||||||||||||||||||||
Note: In the case of an owner that is not an individual, this must be signed by an authorized person. If the owner is an individual, this must be signed by the individual or the individual's legal representative. For more information, see the Additional Information section at the end of this return. |
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Privacy Notice |
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Personal information (including the SIN) is collected to administer or enforce the Underused Housing Tax Act and related programs and activities including administering tax, benefits, audit, compliance, and collection. The information collected may be used or disclosed for the purposes of other federal acts that provide for the imposition and collection of a tax or duty. It may also be disclosed to other federal, provincial, territorial, or foreign government institutions to the extent authorized by law. Failure to provide this information may result in paying interest or penalties, or in other actions. Under the Privacy Act, individuals have a right of protection, access to and correction of their personal information, or to file a complaint with the Privacy Commissioner of Canada regarding the handling of their personal information. Refer to Personal Information Banks CRA PPU 005 and CRA PPU 047 on Information about Programs and Information Holdings at canada.ca/cra-information-about-programs. |
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UHT-2900 E | Page 6 of 9 |