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Is your condo management company Puttng You at risk?

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Did you know that your condominium is more than a residence? In reality, your condo is a corporation, similar to that of a non-profit. Yep, that’s right, you’re living in a corporation!What this means for your building is that your condo corporation is responsible for having a business number, registered through the Canadian Revenue Agency (CRA), and for filing taxes each year.


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