Investment management services are not “financial services”
Major spending cuts required unless expenditures are reduced and revenues increased
Mutual fund investors facing tax increase
Changes improve upon previous draft
Court judgment is contrary to position taken by the CRA that investment-counselling fees are subject to GST
Proposed tax will include rebate for home buyers
The Supreme Court rules that UPS was entitled to set-off overpayments of GST, rather than using an application process demanded by CRA
Quebec’s finance minister says that it should get compensation for harmonizing its sales tax with the GST, as Ontario is set to do following the announcement that it will be harmonizing the sales tax regime in that province.Monique Jérôme-Forget welcomed Ontario’s decision to go ahead and harmonize its provincial sales tax with the federal GST. […]
Potentially harmful impacts on financial services could be mitigated
Industry prepared to work with Ontario to minimize penalties