Impact on businesses of recent indirect tax developments

To help you learn about how recent indirect tax developments in 2013 will affect 2014 tax filing practices for businesses, Chartered Professional Accountants of Canada (CPA Canada) is providing you with easy access to this informative article on the subject from KPMG.

When it comes to assisting your business clients with filing their taxes for 2014, it’s important to consider the changes made to indirect taxes in 2013. Particularly, adjustments made to the GST/HST and Quebec Sales Tax will affect how businesses file returns, make elections and remit indirect taxes.

Better understand this topic and ensure your clients are compliant with this KMPG article, “ABCs of Indirect Tax Compliance Issues for 2013-14.” Published December 20, 2013 in the organization’s TaxNewsFlash Canada newsletter, it explains the ramifications of the changes made in several provinces to their HST, PST or QST, and of the new GST/HST pension plan rules.