Determine whether each of the following is a taxable supply, zero-rated supply, or exempt supply. (a) A
Question:
Determine whether each of the following is a taxable supply, zero-rated supply, or exempt supply.
(a) A clothing store sells a pair of jeans to a customer.
(b) Jessica provides consulting services to a large US private company in Delaware. The services are performed in the United States.
(c) Same situation as (b), except the services are performed at Jessica’s office in Ontario.
(d) A pharmacy sells a prescription drug to an individual.
(e) Syed purchases a newly constructed cottage in Ontario for personal use.
(f) A Canadian bank charges a monthly service fee for the use of a chequing account.
(g) Jacob sells a used piece of commercial real property situated in British Columbia to a non-resident located outside of Canada.
Step by Step Answer:
Canadian Income Taxation 2018-2019
ISBN: 9781259464294
21st Edition
Authors: William Buckwold, Joan Kitunen