Participating employers with a monthly Goods and Services Tax/Harmonized Sales Tax/Québec 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 31 January 2022. 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"
- Canada and Ukraine Sign Customs Agreement to Enhance Trade and Combat Violations
- CRA: Insurance Premiums Must Be Separated from Lease Payments for GST Exemption
- Navigating CRA Audits: How Canadian Companies Can Reduce Proposed GST/HST Assessments
- CRA Waives Late-Filing Penalty for Amended GST Returns Filed Before Deadline
- The Sales Tax Requirements of Selling Into Canada
