Joint Ventures

Contracts
Microsoft Template
Sample JV Contract
Canadian Checklist (gov't site)
UK Business Link (gov't site)
Tax
Business structure information

Joint ventures are limited in scope; partnerships are generally carrying ongoing business relationships in a common business

What's a partnership?
Meaning of 'business venture'
Transfer of undivided interest in joint venture
GST/HST Policy Statement P171R

Great discussion on distinguishing between a joint venture and a partnership for purposes of S. 273 joint venture election (GST21)

Checklist of what's included in a JV Agreement compared to a Partnership agreement

GST Policy Definition-participant JV
Policy Effect of making JV Election
GST Policy - Prescribed Forms

GST21 and GST355

GST21 Election or Revocation of an Election

Co-venturers who elect will be jointly and severally liable for all GST/HST liabilities.

Co-venturer's who do NOT make this election generally have to account for their share of the GST/HST charged on taxable supplies made through the operator and claim the input tax credits on purchases made by the oeprator on their behalf.

GST Policy-Liability & ITC claims- Not Electing
Who's in Joint Ventures?
Newsfeed - Canadian Joint Venture news




 

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