Fuel producers, distributors and certain users in some provinces/territories will have to report and remit fuel charges to the CRA soon.
Prescribed producers, distributors and users that have activities in Ontario, Manitoba, Saskatchewan and New Brunswick ("Listed Provinces") will have to ensure they are properly registered and prepared to meet new monthly reporting requirements that begin May 31, 2019 while those in Nunavut and Yukon ("Listed Territories") will have to do so commencing July 1, 2019. In addition, businesses in those jurisdictions should determine whether they qualify for an exemption certificate.
Download this edition of the TaxNewsFlash to learn more.
© 2020 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.