- Investment limited partnerships (ILPs) selling or distributing interests in HST provinces and/or Québec, or with investors in these provinces, must calculate HST/QST based on business percentages in each province.
- ILPs must request specific investor information as of September 30, 2025, from relevant investors during 2025, except for those required by law to provide it without a request.
- Investors must provide the required information by November 15, 2025, or within 45 days of receiving a written request, unless exempt (e.g., holdings under CA$10 million or certain investment plans).
- ILPs must send written information requests to investors by December 31, 2025, but are encouraged to do so as soon as possible.
Source: dentons.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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