You only have to pay 5% federal GST on buying new homes after April 1, 2013:
1/ If offer is signed on or after April 1, 2013.
2/ If possession takes place on or after April 1, 2013.
3/ 5% GST will replace 12% HST.
4/ Federal rebate (36% of 5% of house price) will still apply if you are qualified.
1/ If offer is signed on or after April 1, 2013.
2/ If possession takes place on or after April 1, 2013.
3/ 5% GST will replace 12% HST.
4/ Federal rebate (36% of 5% of house price) will still apply if you are qualified.
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