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GST/HST Seminar #4 - Capital Properties & Input Tax Credits - Presented by Michael Monk

July 19, 2022

12:00 PM - 1:00 PM EDT


Do you know the special GST/HST rules for Input Tax Credits on capital property?    

Were you aware that the type of entity claiming them can affect entitlement?

Would you like to know if your client is claiming correctly?

 If you would like to learn more about these questions, you should attend CRA’s GST/HST Capital Properties & ITCs Presentation. You will hear directly from CRA’s GST/HST Headquarters representative who has 30+ years experience in GST/HST. The presentation will explain Input Tax Credit rules for different types of capital properties and entities.  It will cover basic eligibility and explain how to determine percentage entitlement on initial acquisition, as well as additional entitlements or obligations that can arise over time.


  • Understand the key differences between capital and non-capital properties for GST/HST
  • Learn how to claim the correct percentage
  • Comprehend the differences between certain types of entities
  • Recognize when your client has over or under claimed
  • Identify future events that can trigger new claims or obligations to account for tax


  • Definitions
  • Capital Real Property
  • Capital Personal Property
  • Changes in use over time
  • Improvements


This presentation is intended for those who work with any number of entities. The information applies to many organizations including: Not-for-profit sectors, Public Services Bodies, Governments and For-profit corporations. There are many different legislative provisions that can apply to capital properties. This presentation will address both sides of Input Tax Credits - entitlements and obligations.

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.