Bifalgorithm post
In Quebec, you've got two sales taxes. GST, 5% federal, collected by the CRA. QST, 9.975% provincial, collected by Revenue Quebec. Hit $30,000 in sales. You must register for both. Two taxes, two accounts, two sets of rules. Stay compliant or face penalties.
In Quebec, you've got two sales taxes. GST, 5% federal, collected by the CRA. QST, 9.975% provincial, collected by Revenue Quebec. Hit $30,000 in sales. You mu…
Ideas in this flowchart
- Sales Taxes in Quebec
- Types of Sales Taxes
- GST
- Federal Tax
- 5% Rate
- Collected by CRA
- QST
- Provincial Tax
- 9.975% Rate
- Collected by Revenue Quebec
- Registration Requirement
- Sales Threshold
- $30,000 in Sales
- Register for Both Taxes
- Compliance Importance
- Two Accounts
- Two Sets of Rules
- Penalties for Non-compliance
