The Edenvale and Tron Power cases earlier this year may have the BC Finance Ministry preparing to rescind rulings they issued after PST was re-instated in BC on April 1, 2013. Limited partnerships owned by First Nations may no longer be tax exempt for purchases delivered to reserve land under the Indian Act, as they were before PST was replaced by HST.
If this occurs, First Nations corporations will be liable for 7% tax on purchases of construction materials and other contracts on reserve land. Already vendors and suppliers are uncertain about recent bulletins issued by the Ministry that leave out limited partnerships owned by First Nations.
The rulings on these court cases and BC’s decision are being closely watched by other Provinces and Territories and there is genuine concern that if BC is successful with their attempt to collect PST then other Provinces and Territories will follow suit.
Join us for a presentation and discussion on these court cases as well as the following:
