Do you know how to correctly claim all Input Tax Credits?
Were you aware that entitlements can change over time?

Do you know the different rules for operating expenses versus for capital properties?

If you would like to understand more about these issues, you should attend this Canada Revenue
Agency (CRA) GST/HST Presentation, Input Tax Credits for Municipalities. The Presentation will review one of the more potentially material GST/HST issues, which can have significant financial implications each year. The information covered will help your team make sure that the municipality is accurately claiming all Input Tax Credits (ITCs) – neither overclaiming nor underclaiming. You will hear directly from CRA’s GST/HST Headquarters employee who has 35 years experience working in GST/HST programs.

LEARNING OBJECTIVES:
 Recognize the key ITC issues for Capital Properties vs. Operating Expenses
 Understand and apply the correct rules for claiming ITCs as circumstances change over time
 Identify and reduce common GST/HST mistakes

TOPICS INCLUDE:
 Definitions
 Operating Expenses
 Capital Property Acquisition
 Capital Property Improvement
 Changes-in-use Rules
 Reference Materials

WHO WILL BENEFIT:
This Presentation is designed for all types and sizes of municipalities. It is intended for all individuals
who may be involved with the entity’s GST/HST. The information will benefit any individuals interested in learning about the various ITC rules that apply to a municipality’s expenditures and acquisitions – from initial purchase to changes over time. You will hear about maximizing your GST/HST recoveries, and how to avoid some of the common mistakes which can result in future non-compliance and arrears.