Exam (elaborations)
Humber Real Estate : Course 4 Module 14-Transactions Involving Development Land and Farms Questions And Answers Rated A+
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As a general rule regarding HST, the sale of farmland is taxable unless what exemptions apply? - - A farmer who uses a smaller portion of the farm for living (this smaller portion would not be business and therefore HST exempt.) - The farm is sold to a relative, a former spouse or a common-law p...
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