The Canada Revenue Agency (CRA) and Revenu Quebec in April 2020 announced that businesses may defer goods and services tax (GST) / harmonized sales tax (HST) and Quebec sales tax (QST) remittances related to returns due between 27 March 2020 and before June 2020, to 30 June 2020, without interest and penalties being assessed, in light of the coronavirus (COVID-19) pandemic.
Source: KPMG
Latest Posts in "Canada"
- Prime Minister Carney Suspends Federal Fuel Excise Tax to Lower Gas and Diesel Costs for Canadians
- Canada Tightens Steel Import Rules: Lower Quotas, New Global Tariffs, and Stricter Enforcement
- Canada Groceries and Essentials Benefit Replaces GST/HST Credit, Payments Begin June 5 for Eligible Canadians
- Quebec Clarifies GST/HST, QST Taxation of Mutual Fund Trailing Commission Payments
- Ottawa Considers Nationwide GST Cut on New Homes to Boost Housing Market and Affordability
