Words and Phrases - "substantial renovation"

a
85
b
44
c
75
d
50
e
38
f
31
g
18
h
14
i
72
j
2
k
2
l
32
m
55
n
25
o
38
p
79
q
3
r
76
s
88
t
46
u
15
v
9
w
22
y
2

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...

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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