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Canada: Reminder for investor information compliance by 31 December 2019 (GST/HST purposes)

Canada: Reminder for investor information compliance

Distributed investment plans must collect investor information by 31 December 2019.


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Distributed investment plans must obtain details from their investors in order to comply with upcoming GST/HST and QST* obligations. Plans that do not collect the data by 31 December and that did not request the required information from their investors by 15 October may have their provincial attribution percentages increased.

Distributed investment plans rely on cooperation from their investors in order to prepare their calculations and update their systems so they can fulfill their GST/HST and QST filing obligations.

*Goods and services tax / harmonized sales tax (GST/HST) and Quebec sales tax (QST)

Read a December 2019 report prepared by the KPMG member firm in Canada

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