Share with your friends

GPs — New GST/HST Rules on Management Services

GPs — New GST/HST Rules on Management Services

Certain general partners (GPs) may have GST/HST liabilities for past management services.


Related content

This results from the release of a new CRA bulletin on the proposed GST/HST changes announced on September 8, 2017. While many GPs of investment limited partnerships (ILPs) will already be affected by the proposed GST/HST changes, some GPs may also be affected by comments in CRA’s new guidance on how the existing law applies for earlier reporting periods (i.e. pre-September 8, 2017). The new administrative guidance provides details on how the proposed rules apply as of September 8, 2017 and also comments on how the existing GST/HST law applied to management or administrative services provided by a GP to an ILP before the September 8, 2017 changes.

Download this edition of TaxNewsFlash to learn more.

© 2020 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us


Want to do business with KPMG?


loading image Request for proposal