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 ...
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 ...
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 ...
If you're among the millions of Canadians receiving government payments from the Canada Revenue Agency, there's good news headed your way to kick off 2026. The first GST/HST Credit of the new calendar ...
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 ...
In response to a recent tax interpretation determining that mutual fund trailing commissions will be subject to sales tax later this year, professional services firms are warning of increased ...