Most Canadian businesses do not relish a visit from a Canadian tax auditor and also do not view with anticipation a fax from the United States Customs and Border Patrol (USCBP) asking to come for a visit to conduct a NAFTA...
Harmonized sales tax (“HST") will become a reality in Ontario and British Columbia on July 1, 2010. Well, that is not quite accurate, some businesses will be required to start collecting HST on May 1, 2010. In addition, some...
Recently, I have been informed of two NAFTA verifications being conducted by the Canadian Government in order to verify the correctness of NAFTA certificates of origin provided by U.S. companies and one NAFTA verification being...
On March 8, 2010, Canada's Export & Import Controls Bureau of the Department of Foreign Affairs and International Trade (the "EICB") announced it is engaging in consultations with interested Canadian companies and wishes to...
On March 10, 2010, Canada's Minister of International Trade, Peter Van Loan, tabled in the House of Commons legislation to implement the Canada-Colombia Free Trade Agreement, the Canada-Colombia Agreement on Labour Cooperation...
I do not usually borrow from other writers to the degree of this post. However, Scotia Capital did such a great job highlighting the reasons why foreign investors should choose Canada, I think that repeating the ideas...
To little fanfare and no media attention, on January 4, 2010, The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food) announced proposed changes to electronic filing...
The Canada Revenue Agency (CRA) is developing and posting webcasts to help businesses prepare for harmonized sales tax (HST). The three that are available can be found at this link -...
The March 4, 2010 Canadian Federal Budget attaches a Ways and Mean Motion amending the "financial services" definition in the Excise Tax Act (a.k.a. the GST Legislation). These legislative amendments are not discussed in...
As the present time, the Ontario Government does not pay goods and services tax on any supplies of property and services. The reason is that the Federal Government does not currently pay goods and services tax is that it cannot,...
On February 25, 2010, Canada's Department of Finance released its proposed harmonized sales tax (HST) place of supply rules which will be used to determine whether a supplier must charge, collect and remit HST in connection with...
On February 26, 2010, the Canada Border Services Agency released Customs Notice CN-10-002 "Key Changes to the Administrative Monetary Penalty System (AMPS) Regime as a Result if the AMPS Fundamental Review". Please go to the...
Last week at the Canadian Institute of Chartered Accountants Commodity Tax Symposium West in Calgary, a representative of Ontario stated to the audience that Ontario planned to conduct retail sales tax audits of most businesses...
On February 25, 2010, Canada's Department of Finance released its proposed harmonized sales tax (HST) place of supply rules which will be used to determine whether a supplier (Seller) must charge, collect and remit HST in...
I am a huge fan of Seth Godin. However, he scared me this morning by beating me to a post. While Seth's post entitled "It's easier to teach compliance than initiative" (go to the following link - sethgodin.typepad.com) has...
On February 25, 2010 (88 days until harmonization implementation in Ontario and British Columbia), the Department of Finance released the proposed harmonized sales tax (HST) place of supply rules. Here is a link to the pages of...
