The Canada Revenue Agency has added comments at the beginning of these policy statements in reference to the legislative proposals clarifying the application of GST/HST with respect to the scope of the definition of “financial service” in the Excise Tax Act. These proposed amendments would impact the application of GST/HST to situations and circumstances described in these policy statements.
“Trailer Commission Servicing Fees” and P-239, “Meaning of the term ‘arranging for’ as provided in the definition of ‘financial service’”