PD: Taxing Tuesday – Books & Records and Director’s Liability
Tuesday, June 11
11:00am AST
on Zoom
REGISTER HERE
Do you want to know more about GST/HST recordkeeping?
Did you know that there are GST/HST rules that can apply to Directors personally?
If you would like to learn more about these issues you should attend CRA’s GST/HST Presentation. You will hear directly from CRA’s GST/HST Headquarters employee who has 30+ years experience working in GST/HST programs. The Presentation will review some of the publicly available information on these issues, as well as provide you with some insight and tips.
LEARNING OBJECTIVES:
- Introduce GST/HST record-keeping provisions
- Understand requirements
- Review personal liability provisions
TOPICS INCLUDE:
- Books and Records legislation
- Directors’ Liability application
- Due Diligence
- Demonstrating actions taken to defend against potential personal assessment
WHO WILL BENEFIT:
This Presentation is designed for both Charities and Non-profit Organizations. The information is intended for individuals who may be responsible for the organization’s record-keeping, and those who serve as a Director or in another management position. You will learn about how to maintain the entity’s records for GST/HST purposes. We will review some of the guidelines for Directors about potential personal liability for the organization’s GST/HST non-compliance. And we will discuss what constitutes due diligence defense and associated actions to demonstrate actions taken to prevent liability as a Director.