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