Lawyer (HST registrant) sells business (assets & goodwill) to another lawyer (not HST registrant) - January 2017.
Purchasing lawyer attempted to register for HST online in January, however, to his surprise later discovered he didn’t register for HST rather got a business number with CRA.
Would best course of action for buying lawyer be to backdate HST registration to January (when the assets & goodwill were acquired) and file the gst44 election by date HST report is due - June 15 2018?
Or should buying agent pay the HST to the selling lawyer?
Promissory note is how the purchase was made.