- On 21 November 2023, the federal government released for public consultation long-awaited draft legislative proposals with respect to the goods and services tax (GST)/harmonized sales tax (HST) rules for joint ventures.
- Under the current regime, access to the GST/HST joint venture election is limited to specifically legislated activities or those prescribed by regulation, which could result in inequitable treatment between similar activities.
- Public comments on the draft legislative proposals are sought by 15 March 2024.
Source EY
Latest Posts in "Canada"
- Proposed Elimination of Luxury Tax on Aircraft and Vessels Effective November 5, 2025
- How to View Your GST/HST Access Code Online in My Business Account Portal
- CRA Now Requires GST/HST on Mutual Fund Trailer Fees Effective July 1, 2026
- North Perth Backs Call to Remove HST/GST on New Primary Homes to Boost Affordability
- Upcoming GST/HST and QST Deadlines for Employers and Pension Entities: Key Compliance Dates
