In Print: A Confluence of Uncertainties: The GST and Financial Services

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The application (or not) of GST to discretionary investment management fees, pension fund costs and 'imported services' continues to be a problem area that have yet to see enacted legislation to resolve them.

This publication explains the difficulties in determining what intermediary services are exempt as opposed to taxable. It also contrasts the differences between Canada's growing GST complexity around financial services and Europe's drive towards certainty and simplicity.

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