Canada: GST/HST bill, various business sectors | KPMG Global
Share with your friends

Canada: GST/HST bill would affect various business sectors

Canada: GST/HST bill, various business sectors

Businesses across many industries would be affected by goods and services tax / harmonized sales tax (GST/HST) changes.


Related content

Many previously proposed GST/HST measures—including changes to pension plan rules and drop-shipment rules—were included in Bill C-63 (released 27 October 2017). 

Although the bill includes many of the proposed GST/HST measures included in previously released draft legislation (released 8 September 2017 and 22 July 2016), it does not include the proposed changes related to general partners of investment limited partnerships and the expansion of the application of the selected listed financial institution (SLFI) rules to investment limited partnerships. Also, the bill does not include any of the proposed changes to the GST/HST SLFI regulations.

The proposed changes included in the bill would affect a broad range of business sectors, including:

  • Public service bodies, including charities and qualifying non-profit organizations
  • Some selected listed financial institutions (SLFIs)
  • Employers that offer registered pension plans to their employees, pension entities, and master pension entities 
  • Businesses that sell goods and services to non-residents subject to the drop-shipment rules


Read an October 2017 report prepared by the KPMG member firm in Canada

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal