| | | April 2019 | Are sales and renovations of used residential houses GST/HST exempt?
John F. Oakey, CPA, CA, TEP, CC, is Baker Tilly’s National Director of Tax Services. | The common belief that the sale of a used residential house is always exempt from the Goods and Services Tax / Harmonized Sales Tax (GST/HST) is not absolutely correct. “Used residential house” is not a defined term in the Excise Tax Act (ETA). Thus, there is no GST/HST exemption on the sale of a used residential house.
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| This email is sent by Baker Tilly Ottawa LLP, formerly Collins Barrow Ottawa LLP. 400-301 Moodie Drive, Ottawa, ON, Canada 2H 9C4.
Baker Tilly Canada periodically publishes Indirect Tax Alert for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada with respect to indirect tax issues. While Indirect Tax Alert may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
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