2014 Update: GST/HST CRA Audit Issues

Posted on September 9, 2014 by djb | Posted in GST/HST

We recently attended the 34th Annual Commodity Tax Symposium 2014 in Ottawa Ontario, whereby a number of CRA representatives discussed the current ‘hot topics’ when it comes to audits and other CRA activity.  Below is a summary of the issues that are currently at the forefront:

As you will notice from our prior blog posting on this topic, the majority of the issues are the same.  Although the issues may look simple on the surface, this shows that businesses continue to make errors on these common issues. Based on our experience, we have developed a GST/HST questionnaire that is meant to help businesses identify risk areas in their commodity tax. It is our first step in helping your business properly structure your GST/HST reporting.   If you believe your company has some exposure in any of these areas, or other areas of the GST/HST, please contact your DJB professional to discuss your commodity tax issues further.

Article written by:  Greg Sawatsky, MAcc, CPA, CA

Read other GST/HST articles or learn more about DJB’s Commodity Tax Services.