Act Now to Obtain Investor GST Details | KPMG | CA

Investment Plans — Act Now to Obtain Investor GST Details

Act Now to Obtain Investor GST Details

Many distributed investment plans should now be requesting specific details from their investors.

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These plans require this information to comply with their upcoming GST/HST and QST obligations. The requirement for investors to share this information is based on the GST/HST and QST legislation's information-sharing rules. In addition, some investors should also be preparing to provide details to these plans automatically even if not specifically requested by the plans. The distributed investment plans need these details from their investors to prepare their calculations and update their systems so they can fulfill their 2018 GST/HST and QST obligations.

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