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Homestay Tax Implications. Homestay programs are mediated through agents 90 per cent of time, homestay australia says; Taxes and home insurance it is the homestay host’s responsibility to discuss income tax implications with their own tax advisor students have the right to ask for a receipt from the homestay host when payment has been made homestay hosts are responsible for informing their insurance carrier that they have student(s) living in
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55,000 rooms to rent worldwide. 55,000 rooms to rent worldwide. Of course, one is only taxed in canada on the net of their income, so any expenses associated with these 'homestay' students are deductible against income. Kpmg’s film & tv tax guide is a fundamental resource for producers, attorneys, tax executives, and finance executives involved with the commercial side of film and television production.