Article & Tips
GST/HST and Cash Considerations: Strategies For Protecting Cash Flows in a Corporate Group – Canadian Tax Lawyer Analysis and Discussion of Subsection 156(2) of the Excise Tax Act
Introduction: Businesses, “Neutrality” and the GST/HST In Canada, doing business comes with a great deal of different, and sometimes contradictory concerns. For example, a [...]
Commercial Rent Deferrals and Covid-19: Canadian GST/HST Lawyer Analysis
Introduction: Tax Uncertainty in the Face of a Global Pandemic By now, everyone is aware that the current global pandemic of Covid-19 has created complete [...]
Potential $70,000 Derivative GST/HST Liability Avoided by Disputing Underlying Reassessment – A Canadian Tax Lawyer’s Case Study Analysis
Introduction: Vicarious GST/HST Liability for Directors Under certain conditions, a director may become personally liable for a corporation’s unremitted GST/HST. Section 323 of the Excise [...]
GST/HST, Wash Transactions, Planning Cash Flows and a Helpful Election – A Canadian Tax Lawyer’s Analysis
Introduction – What is a “Wash Transaction”? Taxpayers who have more than $30,000 in taxable sales are required to register with the Canada Revenue Agency [...]
Everything You Need to Know About Uber Income Tax and HST
Uber is a ride-sharing platform that many vehicle owners have turned to for an income. From extra money during spare hours to full-time work, [...]
GST on House Flipping
Flipping houses is predicated on the resale of valuable assets, and the high transaction costs that take place come with multiple tax implications. In [...]
GST on Renovating a House
After transitioning from goods and services tax to harmonized sales tax on July 1, 2010, both the federal and provincial governments instituted GST/HST tax rebate [...]
Is Crypto-Currency Trading Exempt from GST/HST? A Canadian Tax Lawyer’s Analysis
Introduction: Crypto-Currency Trading & The Obligation to Collect GST/HST To date, the Canada Revenue Agency treats Bitcoin—and crypto-currencies in general—as a commodity for tax purposes. [...]
The GST/HST Self-Supply Rules for Builders of Residential Homes, Condominiums, and Apartment Buildings – A Canadian Tax Lawyer’s Analysis
Introduction – The GST/HST Self-Supply Rules Residential builders sometimes face unexpected GST/HST liability due to the self-supply rules in Canada’s Excise Tax Act. In [...]