Administrative Policy
2 May 2024 GST/HST Interpretation 246050 - Assignment of an interest in real property and direction of title change
An individual agreed to purchase a pre-construction condominium unit for personal purposes, and a related individual agreed to purchase a second...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Supply | a direction letter to change how title is conveyed at closing gives rise to a real estate supply | 258 |
| Tax Topics - Excise Tax Act - Section 192.1 | s. 192.1 engaged where two related individuals with respective new condo purchase agreements agreed to assign interests in their purchase agreements so as to acquire in co-tenancy | 159 |
| Tax Topics - Excise Tax Act - Section 256.2 - Subsection 256.2(3) | where condo unit acquired in co-ownership, NRRP rebate conditions applied separately to each purchaser | 37 |
GST Memorandum 300-7 "Value of Supply" under "Non-Arm's Length Supplies"
General synopsis
21. Section 155 of the Act provides that where a supply of property or a service is made, between persons not dealing with each...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 153 - Subsection 153(2) | 162 |
Subsection 155(1)
Administrative Policy
23 March 2023 GST/HST Interpretation 245296 - Supply of real property by a government
A provincial government department (Department B) constructs a school and then transfers it for nominal consideration to another department within...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 126 - Subsection 126(1) | intra-government transaction/ related persons generally are individuals or corporations | 235 |
Subsection 155(2)
Administrative Policy
28 February 2019 CBA Roundtable, Q.3
CRA reportedly indicated in 1991 that, as an administrative concession, it would not apply s. 155(1) to transactions between corporations without...