Précis: The taxpayer purchased a condominium in June 2011 from a vendor who turned out to be a non-resident of Canada. There was no withholding pursuant to section 116 of the Act on the purchase and CRA assessed the purchaser 25% of the sale price.
Kau v. R. – TCC: Failure to withhold 25% on purchase of real estate from a non-resident – taxpayer’s lawyer failed to make adequate inquiries – appeal dismissedREAD MORE »