FP Newspapers - Tax Court finds that a limited partner could not claim ITCs for costs incurred in respect of its partnership investment

A partner who incurs HST or GST costs out of its own pocket but "as a member of the partnership" potentially can claim input tax credits if the partnership is engaged in commercial activity.   A decision of Pizzitelli J. may have established the proposition that it is not possible for a limited partner to rely on this rule - on the basis that, as a limited partner, it is not supposed to be incurring costs in respect of the partnership business.

Neal Armstrong.  Summary of FP Newspapers Inc. v. The Queen, 2013 TCC 44 under ETA - s. 272.1(2) and 141(3).