The CRA started sending payments on June 5, but there are a few reasons yours might not have landed yet.
Mutual fund dealers, advisors and fund managers now have breathing room to implement changes needed to comply with the Canada Revenue Agency’s (CRA) enforcement of GST/HST on mutual fund trailing ...
The Canada Revenue Agency (CRA) has made a significant reversal of its longstanding administrative position on the GST/HST treatment of mutual fund trailing commissions. Historically treated as exempt ...
Mutual fund dealers, advisors and fund managers have a year and a half to implement changes needed to comply with the Canada Revenue Agency’s (CRA) enforcement of GST/HST on mutual fund trailing ...
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 is giving wealth management firms and independent advisers until Jan. 1, 2028, to begin charging GST/HST on mutual fund trailing commissions. The new implementation date for ...