In a 2019 technical interpretation, the CRA had stated that the predominant nature of the supply made by an MGA was a management and promotional service to the insurer that was excluded from the ...

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 ...

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 ...

5:32 Your Money: GST rebate and interest rate hold There are more than four million paper cheques from the government valued at more than $2 billion since 2022 that have been sent out to Canadians — ...

Independent financial advisors will have to collect GST/HST on the mutual fund trailing commissions they receive from their dealer firms, the Canada Revenue Agency confirmed on Tuesday. Meanwhile, ...