Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Participants will explore core GST/HST issues pertaining to real property transactions, including the importance of key definitions, self‑supply rules, major exemptions, input tax credit (ITC) and GST/HST rebate entitlements, as well as practical filing and collection considerations for sales, leases, and developments. The course emphasizes how to apply these rules to commercial, residential and mixed‑use properties, joint ventures and partnerships, non‑profit and public‑sector contexts, and common scenarios that result in reassessments.
Topics include:
- Core concepts: imposition and place‑of‑supply rules; defining real property, residential complex, and builder; single vs. multiple supplies; mixed‑use considerations.
- Self‑supply framework: new construction and substantially renovated housing, conversions/appropriations, property flips, valuation, exceptions, and remittance timing.
- Exemptions: rental and sale exemptions (e.g., used residential property, strata fees, leased land, assignments), and selected industry nuances.
- Collection & accounting: taxable consideration, non‑arm’s‑length transactions, construction contracts/progress payments, deposits, registration, and net‑tax accounting.
- ITCs & rebates: use in commercial activity, allocation, change‑in‑use, basic tax content, and residential rebates (new housing and residential rental, including the purpose-built residential housing rebate and the new homebuyers temporary GST/HST rebate).
- Sector‑specific issues: charities and other public service bodies (elections, rebates); additional real‑property topics and selected provincial considerations.
NOTE: This course description has been revised and reflects updates for 2026. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- October 15, 2026, 8:30 a.m. - 12:30 p.m.
- October 16, 2026, 8:30 a.m. - 12:30 p.m.
Key Takeaways
By the end of this course, participants should be able to:
- Identify key definitions and concepts relevant to real property (e.g., real property, residential complex, builder, mixed use) and recognize where exemptions apply.
- Apply the self‑supply rules to new housing construction, substantial renovations, conversions, and property flips, including fair market value considerations and timing of the GST/HST liability.
- Determine ITC and rebate eligibility and restrictions, including time limitations.
- Address registration, collection, and remittance requirements, including considerations for purchase agreement assignments, deposits, progress payments, and mixed taxable and exempt supplies.
- Distinguish roles and obligations, as well as identifying GST/HST assessment risks in real property operations and transactions within partnerships, joint ventures, co‑ownerships and bare trust structures, and identify special considerations for charities and other public service bodies.
Who Will Benefit
Prerequisite(s)
Participants enrolled in this seminar should possess a strong understanding of basic GST/HST rules and the ITC system.
How to Access the Course
This course is delivered as a live webinar. To receive verifiable CPD hours, you must attend the session live. We recommend joining at least 5 minutes before the scheduled start time. For the best interactive experience, please use a computer equipped with a camera and microphone.
A reminder email with the Zoom link and course details will be sent two business days before the session. If you do not receive it, please check your spam or junk folder.
The same information, including any available materials, will also be posted in advance on our Blackboard LMS.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Joe Marchello, CPA, CA, CFP has over 20 years of accounting, tax and development experience. A highly motivated individual with impeccable judgement and an innate ability to solve financial and accounting problems. Joe obtained his designation specializing in accounting and tax. Accordingly, he then transitioned to project management and residential development with two major GTA developers involved in many major commercial and residential properties across the GTA. He’s an active member of the Chartered Accountants of Ontario and a Certified Financial Planner and has been quoted in various Ontario newspaper articles about Tax, Accounting, Real Estate Development, Fraud and Ethics. Other accomplishments in Joe’s career were equally impactful and included being a leader responsible for Accounting Operations of Tridel, a renowned vertically integrated multifamily residential developer in the GTA. Along with being an active seminar leader in tax, accounting and real estate for Horwath Orenstein (now know as MNP), CPA Ontario, CPA BC and CPA New Brunswick. Advancing through a series of promotions since then, Joe’s leadership has expanded beyond the boundaries of a traditional financial executive and he’s led many strategic initiatives that have had positive impact on multiple business areas, driving down costs, increasing revenue, and improving overall performance of various business units.