- The program is called GST/HST Returns and Rebates Processing Program v4.0
- It is managed by the Assessment, Benefit and Service Branch of the Canada Revenue Agency
- The program aims to provide taxpayers with accurate and timely information to comply with tax laws
- It involves modernizing services, expanding digital services, and enhancing the telephone platform
- The program registers businesses for a business number and administers various tax programs
- It processes information and payments quickly and accurately for businesses and individuals
- The program is governed by several legal authorities, including the Excise Tax Act and others
- The GST is a tax on most property and services in Canada, with some provinces harmonizing it with their sales tax to create the HST
- Quebec administers a separate GST and provincial sales tax
- The Canada Revenue Agency administers GST/HST and Quebec Sales Tax requirements for selected financial institutions since 2013
- Consumers and businesses must pay GST/HST on taxable supplies, except for zero-rated supplies
Source: canada.ca
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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