Are you aware of the different types of cost-sharing arrangements?
Did you know that different arrangements have different GST/HST rules?
If you would like to learn more about these issues, you should attend this Canada Revenue Agency (CRA) GST/HST presentation. You’ll hear directly from a CRA Headquarters employee who has 30+ years experience in GST/HST Programs. The presentation will identify and discuss how cost-sharing can affect an organization’s GST/HST. We will introduce some of the different types of cost-sharing arrangements, plus review entitlements and obligations of CRA rules to help you better manage your GST/HST.
LEARNING OBJECTIVES:
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Recognize cost-sharing issues
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Understand how to correctly account for GST/HST when sharing costs or projects
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Apply correct GST/HST rules to ensure accurate accounting for GST/HST
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Learn to accurately claim back only eligible GST/HST when sharing costs with another entity
TOPICS INCLUDE:
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Different cost-sharing arrangements
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Application
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Impacts
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Examples
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Reference Materials
WHO SHOULD ATTEND:
This Presentation is designed for all individuals who may be involved with an organization’s GST/HST. You will hear about how sharing costs on projects or programs with one or more other entities can impact your GST/HST obligations. You will learn about what GST/HST issues you should consider when entering into cost-sharing arrangements, and how to avoid common mistakes which can result in future non-compliance, arrears, or missed claims.
Please note, this virtual session will not be recorded, but the presentation slide deck will be shared with you in advance of the event.
Michael Monk from the Canada Revenue Agency GST/HST and Digital Compliance Directorate
Michael Monk has been an employee of Canada Revenue Agency (CRA) for 33 years. During that time, he has worked extensively with GST/HST.
Michael’s current role in CRA’s Ottawa Headquarters is with the GST/HST and Digital Compliance Directorate where he has managed CRA’s National GST/HST Presentations and Outreach services for the last 7 years.
Michael was a Team Leader and Senior Technical Interpretations Analyst for 10+ years in GST/HST Rulings, Legislative Policy and Regulatory Affairs Branch. He spent numerous additional years in other GST/HST roles within the Compliance Programs Branch. Michael also worked as a CRA Facilitator throughout a ten-year period creating and instructing GST/HST Legislation and Audit courses to CRA staff.
Michael has many years of experience, working with a multitude of GST/HST issues, across several sectors. He has participated in conferences, preparing and delivering GST/HST presentations to a variety of accounting and industry associations.
Michael has volunteered with many community and school association groups over the years. He has served as Director on the Board of a large national charity, and also on CRA’s Employee Assistance Program Committee.
Thank you to our 2024 Learning & Development Sponsors:
Western Continuing Studies and Fanshawe Employment and Student Entrepreneurial Services
