Tax Memo – Major GST/HST Changes for Pension Plans

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Two separate but related pieces of draft legislation substantially change the way pension plans and employer sponsors are treated for GST/HST purposes, and introduce several new elections and filing requirements.

The measures can be referred to as the:

• Deemed supply and pension rebate rules
• Selected listed financial institution rules

Read this Tax Memo to learn about these rules and how they will affect your business.