Global

Details

  • Service: Tax, International Corporate Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 11/29/2012

Canada - Quebec sales tax amendments effective 1 January 2013 

November 27:  Financial institutions and other businesses operating in Quebec will have to change many of their systems and processes to prepare for amendments to the Quebec Sales Tax (QST) effective 1 January 2013.

Quebec released a bill on 14 November 2012 that confirms previously released information about the QST changes, which will further harmonize the QST rules with the federal GST rules. The bill also provides transitional measures that will help businesses comply with the new rules.


Read a November 2012 report prepared by the KPMG member firm in Canada: New QST Ins and Outs — Get Ready for January 1, 2013




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