Landlords, in particular, are under increasing pressure to offer rent deferrals to relieve the pressure on beleaguered tenants who have been forced to shutter their operations.
However, landlords should be careful to structure COVID-19 rent deferrals to avoid any unwelcome surprises when they file their next GST/HST returns. Specifically, landlords will wish to ensure that they are not required to remit the GST/HST on the deferred rent amount before the rent is actually received.
Source: dlapiper.com
