- CRA rules transfer of land to and from a builder for home construction not subject to GST
- ETA s. 134 states transfer of property for securing payment of debt not a supply
- Individual transferred title to lands to builder, who paid off mortgage, built new home, and conveyed lands back
- CRA ruled individual charged GST in error on portion of contract price related to lands
Source: taxinterpretations.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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