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Holding Companies Face New GST/HST Rules

Holding Companies Face New GST/HST Rules

Holding companies may face additional tax costs due to recently proposed GST/HST rules.

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Holding companies may face additional tax costs due to recently proposed GST/HST rules. These proposed changes may restrict the amount of input tax credits (ITCs) that holding corporations are eligible to claim under the GST/HST holding corporation rules, in certain circumstances.

Download this edition of the TaxNewsFlash to learn more.

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