Ask the Agent: For a resale home, does the seller need to pay HST on commissions even if the home was sold before July 1st but closing later, say Aug/Sept?

Posted by wondermoms on June 17, 2010 · 1 Comment 

GST/HST APPLICABLE ON REAL ESTATE SERVICES PROVIDED The Government of Canada and the Government of Ontario have signed a Comprehensive Integrated Tax Coordination Agreement for the implementation of HST in Ontario. The HST will come into effect in Ontario on July 1, 2010, at a rate of 13%, consisting of a 5% federal part (equivalent … Continue reading →

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