Archives for February 2014

Is there GST on the Sale of this Salt Spring ____ ?

Is GST applicable on the sale of this property? I get asked all the time and do not usually know the answer.  GST can be complicated.   Here is an article from BCREA bulletin. REALTORS® should be aware of the pitfalls involved in whether Goods and Services Tax (GST) is payable in a real estate transaction. Unless a REALTOR® is absolutely certain—and willing to take the risk, if … [Read more...]