GST/HST Notice 323, Proposed GST/HST Treatment of Assignment Sales, May 2022

Examples of extended definition (p. 3)

For the purposes of [s. 192.1] a single unit residential complex also includes:

• a multiple unit...

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Treatment of assignment sales (of an agreement with a builder for a new home) under pre-s. 192.1 rules (p. 1)

Under the current GST/HST rules, an...

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Treatment of assignment sales (of an agreement with a builder for a new home) under pre-s. 192.1 rules (p. 1)

Under the current GST/HST rules, an...

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Usual s. 221 rules apply to taxable assignments of purchase contract with builder (p. 4 under Q.3)

S. 192.10 does not change who is responsible...

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Effect of s. 192.1 on amount of rebate (p. 4 under Q.4)

• CRA noted that the amount of the rebate is based on the total tax paid and the total...

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Purchaser who purchases after receiving a taxable assignment of the purchase contract from the builder may wish to file the housing rebate...

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S. 192.1 rendering of all assignments taxable and excluding the deposit amount may affect the NRRPR (p. 4 under Q.5)

The amount of a new...

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