Following a CRA ruling specific to Omega ATS and Lynx ATS, Omega Securities Inc. will no longer collect GST/HST for trading execution fees or pay GST/HST on execution rebates, commencing January 1, 2018. This change will not impact any other fee, and Omega Securities Inc will continue to NOT charge any form of subscription fee.
As OSI is a flow through collector of GST/HST, subscribers wishing to claim past payments back from the CRA should do this directly with the CRA. It should be noted any previously paid tax reclaimed will impact previously
claimed Input Tax Credits used by the Subscriber.
Thank you,