The Invest Local Book Blog.: PST/GST/HST: What You Need to Know When Buying a Business in Canada

Monday, September 14, 2026

PST/GST/HST: What You Need to Know When Buying a Business in Canada

**New Video Alert!

In this video, I explain how GST, HST, PST and QST can affect a Canadian business acquisition structured as an asset purchase. We look at the GST44 election, the "all or substantially all" test, GST/HST registration, purchase-price allocation, and why provincial sales taxes can still apply even when a GST44 election is available.

I also explain why buyers in British Columbia, Saskatchewan, Manitoba and Quebec may face additional considerations, and why equipment, inventory, goodwill, vehicles, real estate and post-closing services may receive different tax treatment.

Cheers

See you over on YouTube: https://youtu.be/41LcwPSLwXM

David C Barnett

No comments:

Post a Comment

New Book The Business Fortress: How to Grow, Protect, and Exit Your Business with Confidence

This book isn’t written for Wall Street titans or Silicon Valley startups. It’s for the real business owners who carry the risks every day. If you own a small or mid-sized business — where your signature is on the loans, your family depends on your success, and unexpected setbacks could jeopardize everything you’ve built — The Business Fortress was written for you. In today’s uncertain economy, surviving isn’t about hustle and hope — it’s about building a fortress. In The Business Fortress, business expert David C. Barnett and CERTIFIED FINANCIAL PLANNER™ Professional Mark Willis reveal a practical blueprint for entrepreneurs who want to protect their companies, their wealth, and their future.