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Personal Tax Return

Ronald's Case Study - $25,000 Hst / Gst New Housing Rebate refunded

The Gst / Hst new housing rebate provides a partial refund of the Gst / Hst paid on newly constructed houses that are used as a primary residence. The new home owner, however, has to meet certain criteria to receive the rebate and the government does audit tax payers’ situations. Ronald was being audited, and the auditor wanted Ronald to repay $25,000 of the rebate that he had received.

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