What is the new home HST rebate threshold for the federal portion in Canada?
Correct Answer
A) Homes up to $350,000 with partial rebate to $450,000
The federal GST new housing rebate provides a full rebate of the federal portion for homes up to $350,000, with a partial rebate available for homes between $350,000 and $450,000. Above $450,000, no federal rebate is available, though provincial rebates may still apply.
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