Search - considered

In the latter case, P-111 states that "an agreement to transfer ownership, however, is required for a transfer of possession to be considered a "sale". ...

Subsection 168(9) of the ETA states that a deposit (other than a deposit in respect of a covering or container in respect of which section 137 applies), whether refundable or not, given in respect of a supply shall not be considered as consideration paid for the supply unless and until the supplier applies the deposit as consideration for the supply. ...

If the amount of land considered as being reasonably attributable to the residential complex is less than one hectare (1/2 hectare, for example), then the exemption will apply only to that lesser acreage. ...