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The First-Time Home Buyers’ GST Rebate is now law, offering eligible Canadians significant tax savings when purchasing a newly built or pre-construction home.
In this video, Ontario real estate lawyer Jon Dippolito explains who may qualify, how the rebate applies to homes at different price points, and the key occupancy and ownership requirements buyers should know before purchasing.
Jon Dippolito of Devry Smith Frank LLP and Woitzik Polsinelli LLP focuses on a range of real estate matters, including pre-construction and newly built properties.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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