At the time property qualifies as designated municipal property, it's handled therefore for as long as it is held via the designated municipality.
Stopover – For the goal of figuring out if a supply of passenger transportation services can be zero-rated, a stopover, to get a ongoing journey of someone or perhaps a group of people, means anywhere at which the person or group embarks or disembarks a conveyance used in the provision of a passenger transportation service included in the continuous journey, for almost any reason besides transferring to a different conveyance or to permit for servicing or refuelling of the conveyance.
The freight transportation service because of the rail provider is zero-rated In the event the rail carrier has a duplicate of the initial bill of lading. If the rail carrier cannot get a replica of the initial Invoice of lading, the rail carrier should get certification through the ocean provider or the ocean provider's agent the cargo originated outside copyright as specified to the shipper's bill of lading.
For example, an individual who purchases, builds, or significantly renovates a household to utilize as their Key place of residence is generally not a builder of that home for GST/HST applications.
Residential condominium unit means a residential device that is definitely for use as a location of residence and that's, or is meant being, a bounded Room in the setting up selected or described as a separate device with a registered condominium or strata lot plan or description (or related plan or description registered more info less than provincial regulation).
Transitional tax adjustment (for British Columbia and Ontario only) – Builders have to account for the transitional tax adjustment of as much as two% of your sale price tag for grandparented income of recently constructed or significantly renovated housing (besides residential condominium models and complexes) in which the housing was fewer than ninety% finish as in the date of harmonization of the PST While using the GST.
Goodwill, in accounting phrases, means the surplus of the acquisition price of a business over the fair market price of The online belongings in the business.
where the particular corporation is actually a member of a mutual insurance policy group, each individual other member of that group
in any other location in copyright, all land, buildings of the long lasting nature, and any curiosity in serious property
Just one serving of ice product, ice milk, sherbet, frozen yoghurt or frozen pudding, non-dairy substitutes for virtually any of those goods, or any item which contains any of these products and solutions means a serving of fewer than five hundred ml in volume or 500 grams in bodyweight.
University means a recognized degree-granting institution or an organization that operates a college affiliated with, or maybe a research human body of, this sort of an institution.
It is just a grouping of bands with a standard curiosity that have joined with each other to supply advisory or software services for 2 or more bands. A tribal council's board of directors is manufactured up of members on the band councils.
Coupon includes a voucher, receipt, ticket or other unit that could be redeemed for an item or service or is often used to order a product or service, but does not include a gift certificate or maybe a barter device.
A physician has verified that the overall health treatment system can occur in the individual's residence or lodging