Investment Executive

CRA to postpone enforcement of GST/HST on trailing commissions

Mutual fund dealers, advisors and fund managers now have breathing room to implement changes needed to comply with the Canada Revenue Agency’s (CRA) enforcement of GST/HST on mutual fund trailing ...
JD Supra

GST/HST to Apply to Mutual Fund Trailing Commissions Effective July 1, 2026

Historically, the CRA generally took the position that mutual fund trailing commissions were GST/HST-exempt supplies. This position was notably set out in GST/HST Policy Statement P-119 (dated ...
Investment Executive

CRA to enforce GST/HST on mutual fund trailing commissions in 2028

Mutual fund dealers, advisors and fund managers have a year and a half to implement changes needed to comply with the Canada Revenue Agency’s (CRA) enforcement of GST/HST on mutual fund trailing ...
JD Supra

GST/HST to Apply to Mutual Fund Trailing Commissions: Enforcement Date Extended to January 1, 2028

Note: Originally published on January 21, 2026, this post has now been updated to reflect the new enforcement date and transition rules. As discussed in the original version of this post, the Canada ...
The Globe and Mail

Investment industry groups push back against CRA’s reversal of GST on trailer fees

Investment industry groups are pushing back against a recent Canada Revenue Agency (CRA) decision to treat mutual fund trailer commissions as being subject to GST/HST, which reverses the agency’s ...
The Globe and Mail

CRA sets new date for dealers, advisers to apply GST on trailer fees

The Canada Revenue Agency is giving wealth management firms and independent advisers until Jan. 1, 2028, to begin charging GST/HST on mutual fund trailing commissions. The new implementation date for ...