GST/HST On Sale Of A Business

đź’° Avoid Costly Mistakes

November 15, 2024

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When it comes to buying or selling a business in Canada, there’s more to think about than just getting a good price. You also need to know how GST/HST applies to the sale.

If you’re not careful, GST/HST on sale of a business can lead to extra costs, or even penalties, for both the buyer and the seller.

We’ve written this blog post to share the sales tax implications of GST/HST On Sale Of A Business, and how through filing an election, you could avoid a costly mistake.

In this in-depth blog post we cover:

  • Understanding GST/HST on Sale of a Business

  • Asset Sale vs. Share Sale: Different Rules for GST/HST

  • How to Make a GST/HST Election to Save on Taxes

  • …and more!

So let’s dive in and click on the link above to read the full blog post on our website.

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