Participating employers with a monthly Goods and Services Tax/Harmonized Sales Tax/Quebec Sales Tax (GST/HST/QST) filing frequency must remit the GST/HST/QST liability on the deemed supplies made to certain pension entities and master pension entities by January 31, 2021. As such, it is important that employers obtain the relevant information required to report the tax in a timely manner. The respective pension entities will be ineligible to claim rebates to the extent that such amounts are not remitted on time.
Source EY
Latest Posts in "Canada"
- The Sales Tax Requirements of Selling Into Canada
- Canada Removing Tariffs for U.S. Goods Covered under CUSMA
- GST Registration for Non-Residents: Understanding “Carrying on Business in Canada” Requirements
- Canada imposes additional surtaxes on certain steel and aluminum goods
- Proposed Amendments to Excise Tax and Related Acts: A Guide for Parliament and Advisors