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    Global Daily Tax News, Canada To Waive GST On New Student Accommodation, (Nov 22, 2024)

    The Canadian Government has launched a consultation on a proposal to remove GST on the construction of new student residences.

    The measure is intended to incentivize Canada's educational institutions, including not-for-profit universities, public col ...

    The Canadian Government has launched a consultation on a proposal to remove GST on the construction of new student residences.

    The measure is intended to incentivize Canada's educational institutions, including not-for-profit universities, public colleges, and school authorities, to build more student housing and ease rental housing pressures for students.

    The Government said removing the GST from student residences builds on the removal of the GST from purpose-built rental housing, effective September 14, 2023.

    Comments are being welcomed on the proposal by January 20, 2025.

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