Words and Phrases - "substantial renovation"

a
82
b
44
c
75
d
50
e
37
f
31
g
17
h
13
i
71
j
2
k
2
l
30
m
51
n
25
o
38
p
79
q
2
r
74
s
85
t
44
u
14
v
8
w
20
y
2
“
1

7 April 2022 CBA Roundtable, Q.7

Summary Under
Tax Topics - Excise Tax Act - Section 191 - Subsection 191(1)
s. 191(1) rather than s. 191(3) is relevant to conversion of MURC to condo units, and its application turns on whether there is substantial renovation on a unit-by-unit basis

The definition of “builder” in s. 123(1) includes a person who carries on the “construction” of a “residential complex,” which is...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Words and Phrases
construction substantial renovation
Locations of other summaries Wordcount
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Residential Condominium Unit residential condominium unit constituted once there is an intention to have a particular bounded space become a condominium unit 199
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Builder - Paragraph (a) meaning of “construction” and “substantial renovation” 149