Distributed investment plans and their investors face upcoming deadlines under the GST/HST and QST information sharing rules. Distributed investment plans, which include mutual fund trusts and investment limited partnerships, must prepare to send to their investors their annual requests for specific details by October 15, 2026. Distributed investment plans must make these annual requests under the GST/HST and QST rules and collect specific details from their investors in order to properly calculate their tax costs.
Investors and securities dealers must also meet their own specific obligations under these rules. In particular, investors that received a request from a distributed investment plan are required to provide specific details to the plan, which can vary based on the type of investor. Similar rules apply to securities dealers. Additionally, certain types of investors must provide details to distributed investment plans even if they don’t receive such a request.
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