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Learning that matters to our members

CPB Canada provides industry-specific learning to keep you informed about industry updates, business best practices, accounting practices, and more! Take a look at our upcoming events below.

GST/HST Seminar Series #4 - Input Tax Credits (ITCs) – for the for-profit sector, including Capital Properties

July 20, 2023

12:00 PM - 1:30 PM EDT

Info

Do you know how to claim all available GST/HST Input Tax Credits (ITCs)?

Are you aware of how to avoid mistakes by overclaiming?  

Do you correctly account for the differences between capital and operating claims?

 

If you would like to learn more, you should attend CRA’s Presentation “Input Tax Credits”. You will hear directly from CRA’s GST/HST Headquarters Representative who has 30+ years experience working in CRA’s GST/HST Programs. The Presentation will introduce you to several of the ITC rules that can apply to many different types of for-profit sectors and business. You will learn about how to properly claim all amounts and how to avoid overclaim errors.     

 

LEARNING OBJECTIVES:

  • Introduce ITCs
  • Acquisitions
  • Improvements
  • Changes in use over time
  • Identify and reduce common mistakes

TOPICS INCLUDE:

  • Capital real property
  • Capital personal property
  • Operating expenses
  • Reference Materials

 

PRESENTER - Michael Monk
Michael Monk has been an employee of Canada Revenue Agency (CRA) for more than 30 years.  During that time he has worked extensively with GST/HST.  Michael spent 10 years with GST/HST Rulings in the Legislative Policy and Regulatory Affairs Branch and several more years in Compliance Programs Branch.  He has had several roles in CRA’s Headquarters (HQ), Regional and Tax Services Offices.  Michael has also spent several years as a CRA Facilitator, teaching various GST/HST legislation courses to CRA staff.

Michael currently works in Headquarters, GST/HST Directorate, where he has managed CRA’s national GST/HST Presentations and Outreach for the last 5 years.  Michael has many years experience working with GST/HST issues in the public sectors.  He has participated in several Conferences, preparing and delivering GST/HST presentations to accounting and industry associations.  

Michael has volunteered with several community groups over the years, including serving on the Board of Directors for a large national charity and serving on CRA’s Employee Assistance Program.      

Please note GST/HST Seminar Series will NOT be recorded and made available.