What is the current GST rate that applies to new home purchases in Alberta?
Correct Answer
A) 5% GST only
Alberta is not part of the Harmonized Sales Tax system and has no provincial sales tax, so a new home purchase in Alberta attracts only the 5% federal GST. Rebates such as the GST New Housing Rebate or the First-Time Home Buyers' GST rebate may reduce the net tax, but the rate is 5%.
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