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Canada: Annual GST/HST returns of certain financial institutions due 30 June

Canada: Annual GST/HST returns due 30 June

The deadline for annual goods and services tax (GST) / harmonized sales tax (HST) / Quebec sales tax (QST) information returns filed by financial institutions with a 31 December year-end is 30 June 2020.


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Entities that are not typical financial institutions may also have to file annual returns by 30 June 2020.

The annual information returns are to be filed by financial institutions, and that term includes listed financial institutions, selected listed financial institutions, and other entities deemed to be financial institutions. The deadline is a date that is no later than six months after the year-end if they are registered for GST/HST/QST and have an annual income of more than $1 million* in the last tax year.

Certain investment plans that qualify as selected listed financial institutions are exempt from filing the annual information returns.

Read an April 2020 report prepared by the KPMG member firm in Canada

*$=Canadian dollar

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