PPD LAW OFFICEBrandon, MB · May 5, 2025GST/HST on Business Sales
Avoiding GST/HST on Business Sales: Understanding Election 167 When selling a business in Canada, it’s crucial to consider the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) implications. Typically, such sales are taxable, requiring the purchaser to pay GST/HST and the vendor to collect and remit it. However, under certain conditions, both parties...
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