- The Canadian Department of Finance released the 2025 budget on Nov. 4.
- The budget introduces a GST/HST reverse charge mechanism.
- The reverse charge aims to prevent carousel fraud regimes.
Source: news.bloombergtax.com
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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