Canada: Review of GST/HST and other indirect tax changes for 2020

Canada: Review of GST/HST, other indirect tax changes

Canadian and non-resident businesses need to be aware of tax changes announced during 2020—in particular, new and recent sales tax changes and deadlines as a result of ongoing goods and services tax / harmonized sales tax (GST/HST) and Quebec sales tax (QST) and other indirect tax-related developments.

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As the end of 2020 approaches, businesses may want to review all their 2020 sales tax obligations and determine that they have properly filed all their indirect tax returns that were subject to relief due to the coronavirus (COVID-19) pandemic.

Affected companies also need to evaluate whether they are meeting all their new obligations under the ratified trade deals between Canada, Mexico, and the United States.

Because of the indirect tax changes, many businesses will continue to contend with upcoming new obligations, and uncertainty and adjustments to systems and processes.

Read a December 2020 report [PDF 111 KB] prepared by the KPMG member firm in Canada that outlines certain GST/HST, QST and other indirect tax changes and upcoming deadlines

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