Article & Tips
Sale of Long-Term Rental Property Results in $80,000 GST/HST Owing Because of Airbnb Use Before Sale: 1351231 Ontario Inc. v. The King, 2024 TCC 37 GallerySale of Long-Term Rental Property Results in $80,000 GST/HST Owing Because of Airbnb Use Before Sale: 1351231 Ontario Inc. v. The King, 2024 TCC 37
Sale of Long-Term Rental Property Results in $80,000 GST/HST Owing Because of Airbnb Use Before Sale: 1351231 Ontario Inc. v. The King, 2024 TCC 37
Author: Kevin Persaud Introduction: Sale of Real Property as a Taxable Supply vs. an Exempt Supply Canada’s Excise Tax Act imposes GST/HST on every “taxable [...]
Case Commentary: Litman v. The King – Does Building Laneway Houses Qualify for the New Housing Tax Rebate under Subsection 256(2) of the Excise Tax Act? GalleryCase Commentary: Litman v. The King – Does Building Laneway Houses Qualify for the New Housing Tax Rebate under Subsection 256(2) of the Excise Tax Act?
Case Commentary: Litman v. The King – Does Building Laneway Houses Qualify for the New Housing Tax Rebate under Subsection 256(2) of the Excise Tax Act?
Introduction: Mr. Litman’s Claim for The New Housing Tax Rebate Litman v. The King was an appeal before the Tax Court of Canada (Tax Court) [...]
Canadian Residential Real Estate Developers: Beware the Tax Trap of GST/HST Deemed ‘Self-Supply’ Rules
Introduction – The GST/HST Deemed-Self-Supply Rules The GST/HST deemed self-supply rules in Canada’s Excise Tax Act often trigger unanticipated GST/HST consequences for Canadian residential-real-estate developers. [...]
A Canadian Tax Lawyer’s Case Commentary on Fiera Foods Company v HMK, 2023 TCC 140: Documentation for HST/GST Does Not Need to Follow Pre-Set or Prescribed Format by CRA GalleryA Canadian Tax Lawyer’s Case Commentary on Fiera Foods Company v HMK, 2023 TCC 140: Documentation for HST/GST Does Not Need to Follow Pre-Set or Prescribed Format by CRA
A Canadian Tax Lawyer’s Case Commentary on Fiera Foods Company v HMK, 2023 TCC 140: Documentation for HST/GST Does Not Need to Follow Pre-Set or Prescribed Format by CRA
Introduction: Fiera Foods Company v HMK, 2023 TCC 140 Fiera Foods Company, started in 1987, has been in the business of producing frozen bakery products [...]
Case Commentary: Director Held Personally Liable for Unremitted and Uncollected GST/HST, ‘Due Diligence’ Defence Judged Insufficient – Hall v The King (2023) GalleryCase Commentary: Director Held Personally Liable for Unremitted and Uncollected GST/HST, ‘Due Diligence’ Defence Judged Insufficient – Hall v The King (2023)
Case Commentary: Director Held Personally Liable for Unremitted and Uncollected GST/HST, ‘Due Diligence’ Defence Judged Insufficient – Hall v The King (2023)
Hall v. The King (2023 TCC 158) is a Tax Court of Canada (“Tax Court”) case focused on director's liability under the Income Tax Act [...]
Case Commentary: GST/HST not owing on renovation because definition of “Substantial Renovations” of Property not met – 2437299 Ontario Inc. vs. The King GalleryCase Commentary: GST/HST not owing on renovation because definition of “Substantial Renovations” of Property not met – 2437299 Ontario Inc. vs. The King
Case Commentary: GST/HST not owing on renovation because definition of “Substantial Renovations” of Property not met – 2437299 Ontario Inc. vs. The King
If a building meets the definition of being substantially renovated under subsection 123(1) of the Excise Tax Act, and is part of a residential complex, [...]
Navigating Canadian Taxes in the Metaverse: Businesses Grapple with Possible Taxation in the Virtual World
The rise of innovations in the metaverse is generating widespread excitement across various realms of life. In the midst of this transformative wave, tax law [...]
How a Homeowner Fought the CRA Over the Denied New Housing Rebate—and Won: Simonetta v. The King
Introduction: New Housing GST/HST Rebate Under subsection 254(2) of the Excise Tax Act (“Tax Act”) homeowners can claim a new housing rebate. Using this rebate [...]
Warning for Canadian Businesses: The CRA Is Not Sympathetic to Victims of GST/HST Tax Fraud; The Onus Is on Canadian Taxpayers to Protect Their Businesses from VAT Fraud GalleryWarning for Canadian Businesses: The CRA Is Not Sympathetic to Victims of GST/HST Tax Fraud; The Onus Is on Canadian Taxpayers to Protect Their Businesses from VAT Fraud
Warning for Canadian Businesses: The CRA Is Not Sympathetic to Victims of GST/HST Tax Fraud; The Onus Is on Canadian Taxpayers to Protect Their Businesses from VAT Fraud
Author: Kevin Persaud Introduction: GST/HST Fraud in Canada GST/HST fraud is a significant problem in Canada. It is estimated that the Canada Revenue Agency (CRA) loses [...]