• Posts by Leonard Glass
    Partner

    Len is a partner in our Vancouver office and is the co-practice group leader of our Tax Law group. Len’s practice focuses on creating tax effective structures for client’s operating Canadian businesses and their succession ...

Posted in Real Estate

The federal government has announced they are removing the Goods and Services Tax/Harmonized Sales Tax (GST/HST) on all new qualifying rental housing constructions to help with the rising cost of living. This is effective September 14, 2023, subject to the passage of the related legislation.

The removal will be by way of an enhanced GST/HST Rental Rebate, available on new ...

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Posted in Tax

In the beginning of 2014, the CRA issued GST/HST Notice No. 284 – Bare Trusts, Nominee Corporations and Joint Ventures announcing that as of January 1, 2015, it will no longer allow joint ventures to elect for a nominee corporation or a bare trustee corporation to be the operator of a joint venture where such nominee or bare trustee does not have an ownership interest in, or ...

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