Quote:
Originally Posted by whatnext
This is such a joke. "Yes Gregor I have an empty home, please tax me" Said no one ever.
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Won't you need to prove that you rented it out, though?
And surely, the CoV could work with AirBnB to ferret out short-term rentals.
Additionally, you now have to declare a house as your principal residence to qualify for capital gains tax.
I agree that there will be people looking for loopholes and for the record, I think it's a stupid tax... but if it doesn't work... or they get blowback... I'm sure stronger measures will be put in place. Conceivably, the burden of proof will have to be on the home owner to prove it was rented.
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