CRA can add to the stress by conducting a GST/HST Tax Audit. GST/HST has to be charged by the builder of a new home, and a substantial renovation can be … Tax Tips for Builders of Residential Real P…

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Latent Defect Most yacht policies have a latent defect clause which provides specific coverage for latent defects, while others specifically exclude latent defects from coverage. When ported to a new system where those properties are different, the latent defects might be manifest as harmful bugs. But the good news is that advanced static analysis tools can flush

Our by-line at ATP for GST Today is "relevant and practical". We endeavour to write content that will assist a business or its advisers in dealing with the everyday realities of GST.

If you are planning on buying a new home over the next two years, then you need to know about the 2% BC Transition Tax. It is a new tax that came into effect on April 1, 2013.

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Sep 07, 2017  · Building a new home, or renovating an old one, can be a stressful and overwhelming process. CRA can add to the stress by conducting a GST/HST Tax Audit. GST/HST has to be charged by the builder of a new home, and a substantial renovation can be considered new construction. In cases where a taxpayer …

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When the Goods and Services Tax (GST) Act was passed in July 2017 … as most of them can now start developing their ventures after the substantial decrease in tax rates for many other sectors. Any dr…

GST/HST issues surrounding building multi-unit residential complexes are questions that have a large impact on cash flow and costs. Savvy real estate investors and builders coordinate the intricacies of GST/HST issues with their real estate accountants as a matter of course to avoid surprises.

GST may replace these multiple taxes with a single tax; credit on supplies may also be available, thus reducing costs for all players. However, if real estate output is exempted, then input gst credit

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The property is leased to seven tenants and four sub tenants and is generating annual net passing income of $1,485,570 plus G…

Changes to the payment of GST on new residential property are due to take effect from 1 July 2018. The changes are an administrative measure which although not imposing a new tax, do have significant ramifications for property developers as it will impact the settlement process and cash flow.

GST/HST NEW HOUSING REBATE FOR SUBSTANTIALLY RENOVATED HOMESBeginning July 1, 2010, there will be sales tax in Ontario of 5% + 8% = 13% (12% in British Columbia) replacing the former 5% GST (Goods and Services Tax) and the former 8% PST (Provincial Sales Tax).

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A Wellington real estate agent … tax and GST between 2000 and 2005. "Ms Foot undertook property transactions through three different companies, Martini Investments Limited, Puka Investments Limited …