HST – The Harmonized Sales Tax Real Estate Commission
March 24th, 2010
How will commissions be impacted by the Harmonized Sales Tax on real estate transactions as the HST implementation date of July 1st, 2010 approaches? Here is the breakdown:
If the transaction is written and closes before July 1st, 2010, then only GST will be payable upon the amount of the commission.
If the transaction is written before [...]img alt=”" border=”0″ src=”http://stats.wordpress.com/b.gif?host=muddyyork.comblog=5188131post=2417subd=centraltorontorealestateref=feed=1″ /img src=”http://feeds.feedburner.com/~r/MuddyYorkARealEstateBlog/~4/W8z3e5375IY” height=”1″ width=”1″/
Categories: Real Estate