Tax Memo: GST Rebate for Registered Pension Plan Trusts

On September 23, 2009, the Department of Finance announced plans for a GST rebate for pension entities (i.e., plan trusts and corporations that administer pension plans). The rebate intends to replace the complex system of legislative and administrative rules that currently apply to different employer-sponsored registered pension plan trust structures with a new, uniform GST rebate system that will apply fairly and equitably to all such structures. The newly announced rebate is substantially similar to a proposal released in 2007, but has much more detail.

Read the Tax Memo below to understand the new proposal’s details and how they will affect employers participating in a pension plan.

Tax Memo: GST Rebate for Registered Pension Plan Trusts (116 KB) Download the full PDF.