top 10 hst issues working with other cpa firms
TRANSCRIPT
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From One Accountant to Another
Our Specialty Services and How They Can Benefit You
Top 10 HST Issues working with
other CPA firms
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PRESENTERS
Garth Steele, CPA, CA Indirect Tax [email protected] @WelchLLP
Mona Tessier, CPA, CASenior Manager, Indirect [email protected] @WelchLLP
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TOP 10 ISSUES1. Place of Supply2. Real Estate3. Rebates4. HST Audits5. NPO Issues6. Registration in Quebec7. Voluntary Disclosures8. Notices of Objection9. Bare Trusts – Joint Ventures10. Cross Border Issues
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PLACE OF SUPPLY
• Still a cause of confusion• Some people still try to apply the old
rules
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REAL ESTATE
• Complex area• Questions often come up at the last
minute• Many misconceptions about the rules
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REBATES
• New Housing rebate forms are difficult for some to understand
• NPO rebates – which rate to claim?
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HST AUDITS
• Complex issues• Misinformed auditors• Risk management
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NPO ISSUES
• NPO clients lack resources• Rules are complex
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REGISTRATION IN QUEBEC
• Is registration required?• Dealing with Revenue Quebec
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VOLUNTARY DISCLOSURES
• Possible opportunities• Minimizing cost
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NOTICES OF OBJECTION
• High risk area• Past successes
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BARE TRUSTS – JOINT VENTURES
• CRA focus
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CROSS BORDER ISSUES
• U.S. rules very different
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CONTACT US!
www.welchllp.comemail:
613.236.9191 (Ottawa)123 Slater Street – 3rd
Floor