The CRA’s email was in response to questions about its tax interpretation, delivered to the Securities and Investment ...
In response to a recent tax interpretation determining that mutual fund trailing commissions will be subject to sales tax ...
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GST late fee waiver: Last opportunity to avoid GST notice due to non-filing of GSTR-9C, do this now
The Ministry of Finance has issued a notification relevant for Goods and Service Tax (GST) registered taxpayers who failed to file the annual reconciliation statement through the GSTR-9C form. As per ...
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 ...
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New GST Reforms: School Supplies and Fees Tax-Free
The recent GST reforms introduced by the government have made essential educational items such as stationery, books, and school fees exempt from tax, significantly lowering the cost of education.
At present, colleges have to pay 18 per cent GST on affiliation fees for courses such as BA, BCom, BSc, MA, MCom, MSc, MBA, ...
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