17 May 2017 Interpretation 174642

Policy Tabs

Summaries

Summary Under

headlease structure of a student residence avoided triggering self-supply rule

Holdco is a privately-held corporate registrant that has contracted with an arm’s length person to develop a project on its land an apartment...

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Summary Under

ultimate exempt use did not deny ITCs

Shortly before the occupancy of a newly constructed apartment complex (expected to be predominantly occupied by students), LP#1 purchases the...

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Summary Under

headlease of MURC not exempt where used by lessee more than 10% in short-term rentals

Shortly before the occupancy of a newly constructed apartment complex (expected to be predominantly occupied by students), LP#1 purchases the...

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Summary Under

claiming of ITC generated subsequent taxable sale

CRA went on to note that given that LP#1 was a builder who claimed input tax credits on its purchase of the building from the developer, a...

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