Historically, the CRA generally took the position that mutual fund trailing commissions were GST/HST-exempt supplies. This position was notably set out in GST/HST Policy Statement P-119 (dated ...
The Canada Revenue Agency (CRA) says it will soon release information about GST/HST being applicable to trailing commissions, effective July 1. The agency said in an email on Tuesday that it will ...
In a new notice, the Canada Revenue Agency (CRA) says GST/HST on mutual fund trailing commissions will be enforced beginning in July, but dealers should apply the tax “as soon as possible.” In a ...
Investment industry groups are pushing back against a recent Canada Revenue Agency (CRA) decision to treat mutual fund trailer commissions as being subject to GST/HST, which reverses the agency’s ...
Add Yahoo as a preferred source to see more of our stories on Google. If you're among the millions of Canadians receiving government payments from the Canada Revenue Agency, there's good news headed ...