As the end of 2016 approaches, businesses need to prepare for upcoming deadlines, indirect tax compliance obligations, and upcoming changes. As indirect tax rules continue to evolve, businesses in all sectors can take proactive steps to manage their indirect tax compliance obligations, risks and unrecoverable tax costs. This is increasingly important as the rules get more complicated, and tax authorities across Canada appear to be increasing their audit and enforcement activities.
Read a December 2016 report [PDF 124 KB] prepared by the KPMG member firm in Canada: Businesses — Are You Ready for Your GST/HST Deadlines?
*GST/HST and QST = goods and services tax / harmonized sales tax and Quebec sales tax
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