Good understanding of basic GST/HST rules and the input tax credit system.
The application of GST/HST to real property transactions can be very complex, particularly when part of the property may include a residential component. Failure to appreciate these complexities, especially rules related to deemed supplies and exemption entitlements can result in significant and unexpected liabilities.
This seminar will increase awareness of some of the important GST/HST issues associated with real property transactions, including construction or substantial renovation of residential property, sale of real property including contract assignments, joint-ventures and partnerships, issues related to leasehold allowances and expense recoveries, and the special rules applicable to supplies of real property by charities and other public service bodies. The seminar will be in a lecture format, using examples drawn from CRA rulings, case law and real-life experiences of the presenter and participants.
Who Should Attend
General practitioners, company accountants and others who provide advice on, or participate in, purchase, sale or rental of real property.
Ron Osborne, CPA, CA
NOTE: Our registration system will be undergoing maintenance, and will not be available Friday January 18, 2019, from 5:00 pm until approximately 9:00 pm.