As we initially described here, the Canada Revenue Agency (“CRA”) continues auditing and assessing individual home-owners who have either substantially re-built their homes or commissioned the construction of a new home for their own use on the resale value of those homes in a number of alarming instances.
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Blog posts tagged in GST/HST Assessments
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Canada Revenue Agency
Excise Tax Act
GST/HST Assessments
New Budget Rules
Rebuilt Home Assessment
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The Tax Court of Canada recently released its decision in Windsor Elms Village for Continuing Care Society v. The King (2023 TCC 58), which dealt with the application of the GST/HST self-supply rules to a long-term care facility for seniors. The decision illustrates the complexity of the self-supply rules under the Excise Tax Act (“ETA”), especially in the context of mixed use or exempt use real estate transactions.
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Excise Tax Act
GST/HST Assessments
Input Tax Credits
Long-Term Care Facility
Tax Court of Canada
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