Précis: Mr. Safar-Zadeh applied for a GST/HST new housing rebate in respect of a home (the “161 Shirrick Property”). The agreement of purchase and sale was entered into in June of 2011 and the sale closed on 21 November 2012. Five or six months later the property was sold at a profit. After an extensive review of the facts the Court concluded that Mr. Safar-Zadeh had not intended to acquire the 161Shirrick Property as a primary residence since he and his wife did not have the income to maintain it. As a result the appeal was dismissed. There was no order as to costs since this was an informal procedure appeal.
Safar-Zadeh v. R. - TCC: No GST rebate - taxpayer could not afford to maintain home as primary residenceREAD MORE »