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New law enacts tax measures outlined in budget

The Canadian Official Gazette has published Law No. S.C. 2023, c. 26, which enacts tax measures outlined in the March budget. This law encompasses various provisions, such as:

  1. Introducing an additional goods and services tax/harmonized sales tax (GST/HST) credit, equivalent to twice the regular January 2023 payment.
  2. Implementing the OECD’s model reporting regulations for digital platforms.
  3. Clarifying the application of GST/HST relief to international money transportation.
  4. ….

Source GVC


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