Did you know that ITC rules for Charities and NPOs are not the same?

Are you aware that ITC eligibility could be as much as 100%, or 0%?

If you would like to learn more, you should attend this Canada Revenue Agency (CRA) GST/HST Presentation.

You will hear directly from CRA’s GST/HST Headquarters employee who has 35 years experience working in GST/HST programs. The Presentation will review the different ITC rules that affect each type of entities.

LEARNING OBJECTIVES

• Recognize Key ITC Differences - Charities vs. NPOs 
• Understand and Apply the Correct Rules 
• Comprehend the Different Net Tax Calculations
• Identify and Reduce Mistakes

 CONTENT

• Definitions
• Time Limits
• Operating Expense
• Allocation Obligations 
• Capital Properties 

WHO WILL BENEFIT

This Presentation is designed for information on both Charities and NPOs. It is intended for all individuals who may be involved with the entity’s GST/HST. We will cover the basic ITC rules on operating expenses, help you learn which method applies to “Net Tax” calculation for GST/HST purposes, and introduce the different ITC rules for Capital Properties. The Presentation will help you avoid some of the more common mistakes, which can result in future non-compliance.

Speaker: Michael Monk

Free Webinars: Members are responsible for tracking their CPD hours for free webinars and should record them in the Member Portal.