- The Tax Court of Canada ruled in favor of 12329905 Canada Ltd. for a GST rental rebate on a residential unit
- The appeal was heard on May 30, 2024, in Toronto, Ontario
- The judgment was delivered by Justice Randall S. Bocock on September 3, 2024
- The critical issues included the interim occupancy of the unit and the owner’s intention regarding the first tenancy duration
- The court found that the appellant had a reasonable expectation that the first tenant would occupy the unit for at least one year
- The assessment was referred back to the Minister of National Revenue for reconsideration
- No costs were associated with the appeal.
Source: canlii.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
