Alberta — Get Ready for New Carbon Levy | KPMG | CA

Alberta — Get Ready for New Carbon Levy

Alberta — Get Ready for New Carbon Levy

Businesses subject to Alberta’s new carbon levy should ensure they have properly prepared to comply with the rules.

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Businesses subject to Alberta’s new carbon levy should ensure they have properly prepared to comply with the rules when the levy takes effect on January 1, 2017. Now that Alberta has released regulations with additional information on the levy, affected companies should ensure they properly register for the levy, obtain any needed licenses and consider whether they qualify for available exemptions. These companies must also ensure that they have the proper processes in place to meet their new tax obligations.

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