With the approach of the end of 2019, this provides an opportunity for corporations to consider changes related to indirect tax as well as trade and customs amendments made during the year.
Businesses in all sectors across Canada may encounter new sales tax obligations and deadlines as a result of ongoing GST/HST and QST* and other indirect tax changes.
*Goods and services tax / harmonized sales tax (GST/HST) and Quebec sales tax (QST)
In addition, many companies need to consider preparing for the possible ratification of Canada’s new trade deal with Mexico and the United States.
Read a December 2019 report [PDF 203 KB] prepared by the KPMG member firm in Canada that summarizes some of the most significant new rules and developments from the past year
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