Article & Tips
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 [...]
GST/HST Section 167 Sale of a Business Election – Toronto Tax Lawyer Analysis
Introduction – GST/HST and Sale of a Business Most taxpayers contemplating the purchase or sale of a business are aware that the transaction will have [...]
Bad Debt GST Refund – Excise Tax Implication of Bad Debt Write-Offs – Toronto Tax Lawyer Analysis
Rationale of Bad Debt GST Refund In a sale of goods of services, the supplier must remit GST/HST whether the supplier is able to collect the money [...]
No GST/HST New Housing Rebate Where a Bare Trustee Takes Title
A Split Federal Court of Appeal Denies GST/HST New Housing Rebate Where a Bare Trustee Takes Title: The Queen v Cheema, 2018 FCA 45 [...]
Non-Resident Rebate for GST/HST on Export of Commercial Goods
Non-Resident Rebate for GST/HST on Export of Commercial Goods – Canadian Tax Lawyer Analysis Non-Resident GST/HST Rebate – Introduction The export of commercial goods is [...]
GST/HST Tax Audit ? Builders of Residential Real Property and Self-Supply
GST/HST Tax Audit – Builders of Residential Real Property and Self-Supply – A Canadian Tax Lawyer Analysis Introduction - Builders of Residential Real Property and [...]