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Siblings’ Appeal: Exemption from GST/HST on Sale of Residential Property at 103 Ridley Boulevard

  • Joseph and Patrizia Nicosia are appealing assessments related to the sale of their co-owned residential property in North York, Ontario in 2014
  • They believe the sale should be exempt from GST/HST based on three possible exemptions in the ETA
  • The siblings purchased the property in 2011 and intended to tear down the existing structure and build a new house
  • Their parents provided financial support for the purchase and guidance during the construction process
  • Joseph also incorporated Delta Bay Contractors Inc. for the project

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.

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