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