Resources & Articles
Commodity Tax (HST)
HST Input Tax Credits (ITCs) Explained
Canada has a multi-layer system when it comes to sales tax; luckily, in Ontario we are harmonized. Harmonized sales tax means the Federal component, being...
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GST/HST and QST Compliance Issues Relating to Construction of Residential Rentals
Audit activity by the Canada Revenue Agency (CRA) and the Quebec Revenue Agency (QRA) has increased in the areas of the GST/HST and QST, especially...
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GST/HST When Constructing a Residential Complex
The Excise Tax Act (The Act) contains a number of self-supply rules that pertain when a person builds a ‘residential complex’ for the purpose of...
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GST/HST with Early Payment Discounts and Late Payment Penalties
As an incentive to improve cash flow, many companies offer early payment discounts to their customers, such as 2/10 net 30 terms (i.e. two percent...
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Meet the Commodity Tax Team
Meet our team of Commodity Tax Professionals. Their focus is to ensure that businesses are handling their GST/HST correctly, both nationally and internationally. Connect with ...
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Government Attempts to Level the GST/HST Digital Playing Field
On November 30, 2020, the government put forward a fall economic update. Included in this update are proposed changes to the GST/HST requirements for business,...
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GST HST Considerations in a COVID Environment
As businesses continue to find new ways to operate amidst the ongoing pandemic, managing the cash flow crunch is at the forefront for many companies....
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A Summary of the 2020 Fall Economic Statement
On November 30, 2020, Canada’s Minister of Finance, Chrystia Freeland, released Canada’s Fall Economic Statement. This is the Federal government’s first fiscal update since before the...
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Focused on Ensuring that Businesses are Handling their (GST/HST) Correctly both Nationally and Internationally
Commodity tax (often referred to as Indirect Tax; GST/HST, PST) is often overlooked by businesses until the Canada Revenue Agency (CRA) knocks on your door...
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2020-2021 Ontario Budget Commentary
On November 5, 2020, Finance Minister Rod Phillips, tabled the 2020-2021 provincial budget. The budget builds on Ontario’s Action Plan that the government introduced in March 2020,...
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