Regulatory Initiative: Draft Amendments to the New Harmonized Value-Added Tax System Regulations, No. 2 - Forward Regulatory Plan 2022-2024

Draft Amendments to the New Harmonized Value-Added Tax System Regulations, No. 2

Draft sales and excise tax legislative and regulatory proposals were announced on July 27, 2018. These proposals included amendments to the Excise Tax Act to clarify the application of the GST/HST rebate for printed books for qualifying public service bodies. These proposed regulatory amendments are consequential to those amendments to the Excise Tax Act and maintain consistency between the wording of that Act and the New Harmonized Value-Added Tax System Regulations, No. 2.

The Small Business Lens is not expected to apply.

Canadians were consulted on the draft regulatory proposals as part of a consultation announced by news release on July 27, 2018. Interested parties were invited to provide comments on the proposals by September 10, 2018.

The news release for the consultation, along with the draft regulatory proposals and the explanatory notes, is available on the Finance Canada website.