OTTAWA, ON, Dec. 13, 2024 /CNW/ - On December 12, 2024, the legislation to enact the Goods and Services Tax/Harmonized Sales Tax (GST/HST) break was passed into law by the Government of Canada. The ...
Niva Bupa's CEO argued that while exemption from GST might seem like a cost-cutting measure, it would deprive insurers of the crucial input tax credit (ITC) benefit, effectively increasing operational ...