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HKL Tax Law

HKL Tax Law

Montreal Tax Lawyer

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Real Estate

Jumping on the Airbnb Bandwagon Comes with GST/HST

EL · January 2, 2025 ·

A corporation purchased a condo as an investment property. For the first 9 years, it rented the condo under long-term leases. However, for the last 14 months, it offered the condo through the Airbnb platform under short-term leases. The corporation was later assessed by the CRA for failing to collect the GST/HST on the sale of the condo.

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