All Assignment Sales & Substantial Renovations Are GST/HST Taxable
Assignment, Regulations, Legal Information, HST/GST, Renovations Richard Cho Assignment, Regulations, Legal Information, HST/GST, Renovations Richard Cho

All Assignment Sales & Substantial Renovations Are GST/HST Taxable

As of May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are subject to GST/HST. This change impacts all assignment transactions, making them HST-taxable supplies. Learn how this affects your real estate transactions and what steps you should take.

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