In Brief Effective July 1, 2026, the Canada Revenue Agency (“CRA“) has reversed its longstanding position on the GST/HST treatment of mutual fund trailing commissions and will now consider these payments to be consideration for taxable supplies. Industry participants should review their existing arrangements and systems in advance of the effective date, especially for potential […]
The post CRA reverses long-standing views on GST/HST-exempt treatment of trailing commissions appeared first on Canada Insights.