Vijay Kalra, CPA PC
70 East Beaver Creek Road, Suite 201 L4B 3B2 Richmond Hill, ON, Canada

Have you been assessed HST on Home flips!!?? If you or someone you know got a HST bill from CRA for having purchased a tear down property which you then renovated and sold, CRA treats you like a Builder (Unregistered Contractor). You can be held liable for 13% HST on the sale of such house and once that is done, then you are taxed personally for all of the gain on sale of this property at a regular rate instead of 50% on capital gains.... This is time sensitive idea and needs to be addressed promptly. Call or send an email to Vijay Kalra CPA CA for a free consult on how to minimize this tax liability: Phone: 416 893 3415 Email: [email protected] See more

Whether you a company located in Canada or interested in finding out how Canadian tax system can help your pre-production/ R&D stage, please call us and we will customize your financial plan and optimize growth strategy.

Canada happens to be a tax haven destination for IT and related industries. As k us how.... )))

We are ready to take on a new year, a new chapter in our professional endeavors at our new Head Quarter -70 East Beaver Creek Road, Suite 201, Richmond Hill, Ontatio L4B 3B2. Happy New Year everyone !!