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GST/HST Implication for real estate transactions

  • Sheldon & Xu CPA
  • December 14, 2020
  • GST/HST

Canadian legislation indicates that any real property located in Canada is within the scope of the GST/HST. GST/HST applied equally to both land and buildings. Did you know that all the following transactions are subject to GST/HST? Sale of real estate property, including a transfer of a deed or of possession under an agreement to […]

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GST/HST Exempt real estate transactions

  • Sheldon & Xu CPA
  • November 14, 2020
  • GST/HST

Canadian legislation indicates that any real property located in Canada is within the scope of the GST/HST. GST/HST applied equally to both land and buildings. Did you know that following transactions are not subject to HST? Sale of used residential real estate property Most sales of personal-use property or land by individual other than in […]

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    Recent Posts

    • Reflecting on 2023: Key Tax Planning Changes and Opportunities for Business
      December 1, 2023
    • Year-end Review of Personal Tax Planning for 2023 – Navigating New Tax Credits and Leveraging Established Strategies
      December 1, 2023
    • Understanding the New Mandatory Disclosure Rules under Bill C-47 & RECENT UPDATE
      November 25, 2023

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