2026 GST/HST Seminar Series #2: Input Tax Credits - For Profits

Did you know that any ITCs could be as low as 0% or as high as 100%?

Are you aware of different ITC rules for certain Capital Property?   

Do you know how to allocate ITCs for Operating Expenses? 

If you would like to learn more, you should attend this Canada Revenue Agency (CRA) GST/HST Presentation. You will hear directly from CRA’s GST/HST Directorate, Headquarters employee who has 35 years of experience working in GST/HST programs. The Presentation will review some of the most important ITC issues in respect of Capital Properties and Operating Expenses for multiple types of industries and sectors.   

LEARNING OBJECTIVES:

• Recognize Key Provisions  
• Understand Methodologies  
• Apply the Correct Capital Property Rules  
• Identify and Reduce Mistakes
• Maximize ITCs  

TOPICS INCLUDE:

• Definitions
• Time Limits
• Capital Personal Property
• Acquisition
• Additions and Improvements 
• Changes-in-use
• Allocation for Operating Expense
• Reference Materials  

WHO WILL BENEFIT:

This Presentation is designed for multiple sectors and industries. It is intended for Tax Practitioners and any other individuals who may be involved with, or responsible for, an organization’s GST/HST. We will cover the ITC rules on Operating Expenses and introduce the different ITC rules for Capital Properties throughout an asset’s life cycle. The Presentation will help you ensure that the entity is claiming back all its eligible ITCs and teach you how to avoid making mistakes, which can result in future GST/HST non-compliance.

PLEASE NOTE: The GST/HST Seminar Series is live only. The sessions will NOT be recorded and made available.

Cancellation: Cancellation requests received within seven (7) business days of the event are not eligible for a refund. Please see the full Terms & Conditions on the checkout page.

Event Speaker:

Michael Monk

Michael Monk has been with the Canada Revenue Agency (CRA) for 35 years.  During that time, he has worked extensively with GST/HST.  Michael’s current role in CRA’s Ottawa Headquarters (HQ) is with the HQ—GST/HST and Digital Compliance Directorate, where he has managed CRA’s National GST/HST Presentations and Outreach services for the last nine years. Michael was a Team Leader and Senior Technical Interpretations Analyst for 12 years in GST/HST Rulings, Legislative Policy, and Regulatory Affairs Branch. He spent additional years in other GST/HST roles within the Compliance Programs Branch. Michael also worked as a CRA Facilitator over a 20-year period, developing training courses and facilitating many GST/HST Legislation and Audit Courses for hundreds of CRA staff.