Sponsored advertising

Sponsored advertising

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 #3 - Capital Properties & Input Tax Credits (ITCs) For Profits & Not-For-Profits

September 17, 2024

12:00 PM - 1:30 PM EDT


Did you know there are different GST/HST - ITC rules for different Capital Properties?

Were you aware that entitlements and obligations can change over time?

Did you know that some of these rules apply in a different manner in the For-Profit sector than they do in the Not-For-Profit sector?

If you would like to understand more about these issues, you should attend CRA’s GST/HST Presentation about Capital Properties and ITCs. You will hear directly from CRA’s GST/HST Headquarters employee who has 30+ years of experience working in GST/HST programs. The Presentation will review some of the most important GST/HST issues concerning Capital Real Property and Capital Personal Property to help individuals better manage the organization’s GST/HST obligations and entitlements.



  • Recognize the key GST/HST issues for Capital Properties
  • Apply appropriate ITC Allocation for operating expenses
  • Know when to account for GST/HST in different circumstances
  • Understand and apply the correct rules for claiming ITCs over time
  • Identify and reduce common GST/HST mistakes



  • Definitions
  • Operating Expense ITCs
  • Acquisition rules
  • Improvement rules
  • Changes-in-use rules



This Presentation is designed for those who manage or work with various For-Profit businesses and Public Service Bodies, including Charities, Non-Profit Organizations, School Authorities and Municipalities. It is intended for all individuals who may be involved with the entity’s GST/HST. We will cover operating expenses and Capital Property GST/HST rules - from initial purchase to various changes as they occur over time. You will hear about maximizing GST/HST recoveries and how to avoid common mistakes that can result in future non-compliance and arrears.


Presenter: Michael Monk

Michael Monk has been an employee of the 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 CRA’s Employee Assistance Program Committee.      


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

A full refund for webinars will be given if cancellation is received within 24 hours of purchase. No refund will be given after 24 hours before the webinar start time.