Top 7 GST/HST Tips for Sales of Real Property

GST/HST and Sales of Real Property I am often asked: “Is there GST on the sale of Real Property?”. The answer of course is, it depends. The application of the Goods and Services Tax / Harmonized Sales Tax (‘GST/HST’) to real estate transactions is particularly risky for a number of reasons. First, real estate transactions […]

Defining a Digital Good for Canadian Tax Purposes

Defining a Digital Good The digital economy is expanding in Canada and globally every year. E-commerce has changed the way Canadians shop, and how businesses sell goods and services. According to Statistics Canada, an estimated 82% of Canadians shopped online in 2020, spending a total of $84.4 billion on digital and physical goods and services. […]

A Director’s Liability For Unreported Tax – including GST/HST!

If you are a director of a company in Canada, you are already likely aware of the legal and financial challenges that businesses face, specifically related to taxes. The Canada Revenue Agency (CRA) issues assessments every year against directors to collect unreported taxes. Even if you are a director of a charity or non-profit corporation, […]