Maple Café Ltd. sells its trade name, customer list and inve…
Maple Café Ltd. sells its trade name, customer list and inventory to River Foods Ltd. Maple Café retains its premises, kitchen equipment and furniture. River Foods must obtain its own location and equipment before it can operate. Both corporations are GST/HST registrants and jointly file Form GST44. Which statement is generally correct?
Read DetailsA registered charity operates: an exempt community-counselli…
A registered charity operates: an exempt community-counselling program; and a taxable retail gift shop. The charity pays GST/HST on expenses used directly in each activity and on shared administrative expenses. Which treatment is generally correct?
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