Quote:
Originally Posted by whatnext
Why?
The owner made money on Caandian soil and he's not Canadian. Tax is tax, ignorance of the law is not an excuse. Though from the sound sof it, he tried to pull a fast one on Holmes.
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I think the point is not that it is absurd that the seller should pay the tax, what is absurd is that the *buyer* could be on the hook for the tax, even though they had nothing to do with it really.
I had to back out of a deal for just this reason (luckily with no deposit paid), as the seller claimed to be a resident but wouldn't put it in writing. But how many buyers are aware of this rule - we had to figure out the risk we could have been taking on our own, real estate agents had no clue. But when it comes to collecting tax (from the little people at least) the law doesn't mess around.
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