| Recent Blog Posts by Constantine Isslamow | ||
HST on ResaleThere have been several questions over the past few months on “How will the new HST affect the resale market.” I wanted to try and show on paper the cost to both the buyer and seller on a typical single family home in Peterborough selling for $225,000.
Below are the costs to the buyer in this transaction with a down payment of 5%.
Taxable
Service
Current Tax ...
Posted by Constantine Isslamow
on February 27, 2010
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Ontario Harmonized Sales TaxOntario release transitional rules
Here are the highlights
The long awaited transitional rules for OHST have been released as information notices.
These rules address how to manage the application of OHST as well as the phase out of the respective retail sales taxes for payments and supplies that straddle the implementation date
These rules are important because they will help with ...
Posted by Constantine Isslamow
on October 20, 2009
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