DIRECTOR'S LIABILITY FOR HOME BUILDERS
CRA TARGETS CORPORATE DIRECTORS
As we have blogged about here and here, the CRA continues to assess home builders, renovators and others in the residential real estate industry on the basis that their activities may constitute a business subject to GST/HST.
A recent Tax Court of Canada (“TCC”) decision in Ayoub v. the King, 2025 TCC 48 illustrates both the complexity of these rules and the risk that corporate directors can be held personally liable for unremitted GST/HST – even when the corporation is the builder!
Tagged in:
directors liability
Home Builder & Renovator
Personally Liable
Tax Court of Canada
Unremitted GST/HST
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