Canadian Tax Adviser, December 18, 2015. As a reminder, businesses that have GST/HST and QST closely related group elections must ensure that they file all the required forms with the CRA and Revenue Quebec by December 31, 2015. Corporations and partnerships with GST closely related elections that applied before January 1, 2015 that were still in place on that date but have not yet filed the election forms with the tax authorities have until December 31, 2015 to do so under a transitional measure included in these new rules.
See TaxNewsFlash-Canada 2015-33, "Corporate Groups - File GST Closely Related Elections by December 31" [PDF 72.4KB], for details.
For more information, contact your KPMG adviser.
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