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Accounting News Archive 2016

Bookkeeping Acts, Income Tax Regulations, Reviews

Reporting The Sale of Your Principal Residence For Individuals
Date: October 2016

When you sell your principal residence from 2016 to the end of April 2017, you will have to report and make the account for the time you acquired the property, description of the property and proceeds from the sale of the property. On October 3, 2016, Canadian Government made changes as it regards to reporting requirements for revenue agency for the sale of a principal residence. Read More...

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