Global

Details

  • Service: Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 7/26/2012

Canada - Québec issues new QST voluntary disclosure guidance 

July 26:  Québec released an information bulletin that updates its policy on voluntary disclosures for Québec sales tax (QST) purposes.

In the eight-page bulletin—ADM 4/R3, Voluntary Disclosures—Quebec confirms some policies already in practice and updates several procedures, including requiring all disclosure applications to be filed in writing, allowing second disclosures in certain circumstances, and changing its assessing practice for QST “wash transactions” among others.


Read a July 2012 publication, prepared by the KPMG member firm in Canada: Quebec Issues New Voluntary Disclosure Guidance




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