They say the two certainties in life are death and taxes. This article provides a basic overview of some of the tax considerations related to various life events…
The Enhancement of the GST/HST New Residential Rental Property Rebate
As part of Bill C-56 which received royal assent on December 15, 2023, the Government of Canada is providing a 100% rebate of the GST, or the federal portion of the HST, on new purpose-built rental housing (“PBRH”).
In this issue, topics include: Tax Tidbits, Tax Proposals: Capital Gains Inclusion Rate, GST/HST Tax Holiday: Rebate Applications, My Business Account: No More Paper Mail, Insurable Employment: Related Individual, Secondary Suites: Various Tax Implications, Sale of Real Estate: Income or Capital Gain?
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