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What is laundering tax?

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Posted by: from Fort Lauderdale
6/28/2019 at 8:10:03 AM

I am have my master bath repaired. This estimate my contractor gave me has a line item that show a Laundering Tax. What is the Laundering Tax for?

REPLIES (4)
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Date/Time6/28/2019 at 10:18:11 AM

The only tax approved is HST. Ask for their HST registration number also to see if they are registered too.

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Stan or Kimberly from Bartlett & Bartlett Construction in Uxbridge
Date/Time6/28/2019 at 11:57:51 AM

I would definitely be questioning them on that. The only tax should be HST. That should raise a red flag on your end . Do some investigating before you hire them. A little time checking is time well spent.Good luck and I hope this is of some help to you.

Al

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Date/Time6/28/2019 at 12:05:04 PM

To me it sounds like "Money Laundering Tax"!!! Never heard of it before definitely look into it before signing any contracts or hiring these guys.

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Date/Time6/29/2019 at 12:24:06 PM

Never hear that before, usually just 5% GST

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