Generally, no — in a recent technical interpretation, CRA confirmed that a Canadian corporation’s real estate used in a rental operation does not qualify for the “business..
Category: Real Estate Tax
When Does Building and Selling a Home Trigger GST/HST Builder Rules?
Yes — under the Excise Tax Act’s self-supply rules, a person can be a “builder” and owe GST/HST even without any history of professional development, if the..