myCPE
myCPE

Understanding Underused Housing Tax (“UHT”) – It’s Not Just for Canadians! 1 Credit

Oct 01, 2024, 01:30 PM ET

Understanding Underused Housing Tax (“UHT”) – It’s Not Just for Canadians! 1 Credit

Learning mode

Live Webinar
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Oct 01, 2024, 01:30 PM ET

Learning Objective

  • To discuss the fundamental principles and purpose of the Underused Housing Tax (UHT).
  • To identify the filing requirements applicable to affected owners of residential properties in Canada.
  • To explain potential exemptions available to mitigate the 1% tax on the value of Canadian residential properties.
  • To analyze various property valuation methods used in determining UHT obligations.
  • To discuss and recognize the diverse impact of UHT on different types of entities, including Canadian citizens, permanent residents, and non-Canadian entities such as corporations, partnerships, and trusts.

Course Overview

Ever wondered about the mysterious world of Underused Housing Tax (UHT) and how it might affect property owners, not just in Canada but around the globe? Join us in this CPD webinar where David Crawford will unravel the essential aspects of UHT, shedding light on its influence on both Canadian citizens and permanent residents, as well as legal entities like corporations, trusts, and partnerships. Get ready for a deep dive into topics like "affected owners," yearly filing requirements, potential exemptions, property valuation methods, and the nuances involved in filing UHT returns for different types of entities.

Throughout this online webinar, you'll discover the fundamental principles of UHT and how they extend beyond Canadian borders, impacting not only citizens and permanent residents but also non-Canadian entities such as US citizens, residents, corporations, partnerships, and trusts. David will guide you through the maze of annual UHT return filings, detailing the obligations and timelines applicable to "affected owners" with residential properties in Canada. Explore the avenues for potential exemptions, offering insights into avoiding the 1% tax on the value of your Canadian residential properties.

By the end of this CPD Course, you'll have a solid understanding of how UHT operates and its diverse impact on individuals and entities. You'll gain practical insights into filing obligations, exemptions, and other critical aspects of UHT. The learner will also understand at a high level, other various similar taxes and “enforcement” systems in play throughout various parts of Canada, including Canada’s extension on a ban to purchase residential property by many non-residents of Canada until 2026.

Key Highlights:

  • Underused Housing Tax (UHT) Overview
  • Filing Requirements for Affected Owners
  • Potential Exemptions from UHT
  • Property Valuation Methods
  • Impact of UHT on Different Types of Entities

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

Enter your qualification details to ensure this course is counted toward your compliance.

Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

David Crawford
David Crawford

National Indirect Tax Leader, Achen Henderson Chartered Professional Accountants

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

David is a former partner of the large international firm environment, who has broken from the pack to work with servicing clients of the small to medium sized accounting and law firms across the country. David has worked in the practice area for over 25 years and runs his practice from his Calgary office. 

David has worked in both public practice (Big 4/7) and government and has been instrumental in devising unique indirect tax solutions and identifying savings opportunities for clients, while also managing their indirect tax compliance risks, including many years of indirect tax controversy and audit support.

Located in Calgary, David focuses on the real estate and energy sectors and assists clients in managing their compliance with sales, excise, carbon and fuels taxes. David has also worked with a diverse set of clients across numerous industries from NPO’s and charities through to large multi‐national energy companies. He has the indirect tax knowledge and experience to help solve clients important indirect tax problems. David works closely and proactively with his clients to manage their indirect tax advisory, planning, audit support and controversy.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

rating rating rating rating rating
1,824 ratings

Excellent

Very Good

Average

Poor

Terrible

Lea Wilkening
Lea Wilkening, CPA (US)

This was very interesting.

JO

Jorge Orozco, Auditor

Thanks!

Recommended Courses

Passive Activities & Rental Real Estate Income Tax Issues

Dec 16, 09:00 AM ET

  • AFSP
  • CRTP
  • CFP® (US)
  • CPA (US)
  • CFA
  • EA
  • ORTP
  • CPA/PFS
  • TEP
  • ChFC
  • CSA
  • Maryland Tax Preparer
  • CPFA/QPFC
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • CIPM
  • CFIRS
  • CWS
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Annual Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

Dec 16, 09:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Everything You Need to Know About Partnership

Dec 16, 09:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Payroll Regulations, Laws, Common Pitfalls, and Recordkeeping Requirements

Dec 16, 09:30 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • HRCI
  • ORTP
  • SHRM
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
A Simple Approach & Overview to Virtual Currency

Dec 16, 10:00 AM ET

  • AFSP
  • CRTP
  • CFP® (US)
  • CPA (US)
  • EA
  • ORTP
  • CPA/PFS
  • ChFC
  • Maryland Tax Preparer
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
2024 Year-End Strategies: Smooth Sailing into 2025!

Dec 16, 10:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • HRCI
  • ORTP
  • SHRM
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Add qualification to
view credit details

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months
Subscribed
midhat purchased a subscription.
Subscribed
TUMAINI purchased a subscription.
Subscribed
Nina purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
Mark purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
Dishakumari purchased a subscription.
Subscribed
LAKISHA purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Juan purchased a subscription.
Subscribed
Jeff purchased a subscription.
Subscribed
jane purchased a subscription.
Subscribed
Cynthia purchased a subscription.
Subscribed
Barry purchased a subscription.
Subscribed
Eddis purchased a subscription.
Subscribed
Joe Allen purchased a subscription.
Subscribed
Alexandra purchased a subscription.
Subscribed
Johanna purchased a subscription.
Subscribed
JAMES R purchased a subscription.
Subscribed
Ziyan purchased a subscription.
Subscribed
Lon purchased a subscription.
Subscribed
Naomi purchased a subscription.
Subscribed
Aaron purchased a subscription.
Subscribed
Katherine purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
Kristen purchased a subscription.
Subscribed
Kavita purchased a subscription.
Subscribed
Christine purchased a subscription.
Subscribed
Sindy purchased a subscription.
Subscribed
Ralf purchased a subscription.
Subscribed
Jeffrey purchased a subscription.
Subscribed
Donna purchased a subscription.
Subscribed
Donna purchased a subscription.
Subscribed
Janet purchased a subscription.
Subscribed
Karen Abor purchased a subscription.
Subscribed
Joseph purchased a subscription.
Subscribed
Ethan purchased a subscription.
Subscribed
Calvin purchased a subscription.
Subscribed
Nicholas purchased a subscription.
Subscribed
Carla purchased a subscription.
Subscribed
Danielle purchased a subscription.
Subscribed
Christian purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Zachary purchased a subscription.
Subscribed
Frank purchased a subscription.
Subscribed
Hannah purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
MaryKay purchased a subscription.
Subscribed
Carrie purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
Rube purchased a subscription.
Subscribed
Gurmeet purchased a subscription.
Subscribed
Sylvia purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
Bradley purchased a subscription.
Subscribed
Micah purchased a subscription.
Subscribed
Robin purchased a subscription.
Subscribed
Suzann purchased a subscription.
Subscribed
Shaokun purchased a subscription.
Subscribed
Tyrone purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Vicki purchased a subscription.
Subscribed
Samuel purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
Mary Jo purchased a subscription.
Subscribed
Dan purchased a subscription.
Subscribed
Solomon purchased a subscription.
Subscribed
GLEN purchased a subscription.
Subscribed
Marilyn purchased a subscription.
Subscribed
Archibald purchased a subscription.
Subscribed
HENRY purchased a subscription.
Subscribed
Muhammad purchased a subscription.
Subscribed
Meghan purchased a subscription.
Subscribed
Steven purchased a subscription.
Subscribed
JULIA purchased a subscription.
Subscribed
Lauren purchased a subscription.
Subscribed
Rohit purchased a subscription.
Subscribed
Abraham purchased a subscription.
Subscribed
Nolan purchased a subscription.
Subscribed
NANCY purchased a subscription.
Subscribed
Alissa purchased a subscription.
Subscribed
mark purchased a subscription.
Subscribed
Adiam purchased a subscription.
Subscribed
AMY purchased a subscription.
Subscribed
kyle purchased a subscription.
Subscribed
Larry G. purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Ava purchased a subscription.
Subscribed
Kehinde purchased a subscription.
Subscribed
Kyle purchased a subscription.
Subscribed
Debra purchased a subscription.
Subscribed
Juan purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Lizeth purchased a subscription.
Subscribed
JAGADEESHA purchased a subscription.
Subscribed
Kristen purchased a subscription.
Subscribed
Arthur purchased a subscription.
Subscribed
Blair purchased a subscription.
Subscribed
James purchased a subscription.