CPA Canada Commodity Tax Committee response to Finance Canada: GST/HST on financial services

Learn about the insights the Chartered Professional Accountants of Canada (CPA Canada) Commodity Tax Committee (CTC) has shared with the federal government regarding how GST/ HST applies to financial services.

Get your downloadable electronic copy.

Download Now

CPA Canada’s CTC has provided its input to Finance Canada on the application of GST/HST to financial services. This December 18, 2012 letter was submitted to Finance Canada’s Tax Policy Branch upon request, to assist with its examination of the current system of GST/HST on financial services.

What you will learn

In this letter, members of the CTC address the following three questions:

  1. What are your views on the current system?
  2. What are your observations on the different possible approaches to the value-added tax treatment of financial services?
  3. What would you recommend the government should do?


Canada is celebrating its 150th anniversary. We’re celebrating you, Canadian CPAs. Tell us why you’re proud to be a Canadian CPA. Then watch for our big celebration in July.

Gain practical organizational insights and learn from industry experts at this annual event for not-for-profit financial leaders.