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Real Estate TaxationGST/HST On Real EstateMEDIUM

What is the maximum GST/HST New Housing Rebate available federally for eligible new home purchases?

Correct Answer

D) $36,000

The federal GST/HST New Housing Rebate can provide up to $36,000 for eligible new home purchases, with the rebate amount depending on the purchase price and provincial location. This rebate helps offset the GST/HST burden on new home buyers.

Answer Options
A
$6,300
B
$24,000
C
$30,000
D
$36,000

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