Canadian and non-resident businesses should determine whether they are meeting all of their indirect tax obligations as the end of the year approaches. Many businesses, including certain platform operators and builders of qualifying new rental buildings, faced tax changes in 2023 as a result of developments related to GST/HST, QST, provincial sales tax (PST) and other indirect taxes. To help you consider these changes, as well as certain upcoming deadlines, we have summarized some of the significant developments and rules. In light of these measures, businesses should take proactive steps to manage their indirect tax compliance obligations, risks and unrecoverable tax costs.

In addition to these developments, businesses should be aware that they may face increased audit activities as the tax authorities clear previous backlogs that resulted from the pandemic. As a result, businesses should ensure they meet all their audit timelines and respond promptly to audit queries to help limit issues in reassessments.

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