Subsection 190(1) - Conversion to Residential Use
7 April 2022 CBA Roundtable, Q.9
A pre-1990 building with 30 residential rental units and one commercial unit rented for use as a convenience store (the “Commercial Unit”) is...
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|Tax Topics - Excise Tax Act - Section 195.1 - Subsection 195.1(1)||s. 195.1(1) could not apply where a commercial unit in an apartment building was converted to additional apartment units||300|
|Tax Topics - Excise Tax Act - Section 206 - Subsection 206(4)||s. 206(4) rather than s. 191 applied where a commercial unit in an apartment building was converted to additional apartment units||238|
5 March 1998 Headquarters Letter RITS HQR0000928
S.190(1) would apply to the conversion of a hotel to a nursing home. Accordingly, s. 191(1) would require the builder to self-assess on the entire...