Ontario has had harmonized sales tax (“HST”) since July 1, 2010. Ontario Retail Sales Tax formed a lien against the assets of a business if they were sold unless a Clearance Certificate was obtained from the Retail Sales Tax Office prior to closing.
A Retail Sales Tax Clearance Certificate is still required for any sale of all or substantially all of the assets of a business, even if it closed after the HST came into effect in Ontario.
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Add to Skype You’ll need Skype Credit Free via Skype This entry was posted in Featured. Bookmark the permalink.Gilmore & Gilmore Professional Corporation established in 1986 is based in Alliston, Ontario, Canada. We are specialists in Wills, Powers of Attorney, Estate Law, Estate Litigation and offer extensive Estate Administration Services. Our Real Estate team handles a broad range of deals with a strong reputation for handling complex situations quickly and effectively.