January 22, 2013
National Service Line Leader, Indirect Tax
Many corporations' tax directors and pension plan administrators working for employers with a December 31 year-end must calculate and remit a deemed GST/HST amount by January 31, 2013. Specifically, an employer with a December 31 year-end that is a monthly GST filer will have to remit the deemed GST/HST in its December 2012 GST return due at the end of January 2013. This is because employers must remit the GST/HST in their reporting period that includes that last day of their fiscal year.