Harmonized Sales Tax for Ontario Business booklets produced by CGA Ontario
HST Booklet #2 - June 2011 - contains information on the temporary recapture of input tax credits for large businesses
HST Booklet #1 - November 2009
CGA Ontario News Release:
Sequal to HST Booklet 1 was released June 2011 - CGA Ontario releases second HST guide supporting best practices for Ontario businesses
CGA Ontario has officially released Harmonized Sales Tax for Ontario Business, the sequel to our first HST booklet, Harmonized Sales Tax in Canada.
"It was important for CGA Ontario to publish a second HST booklet that could take Ontario businesses from a place of transition to best practices," said Ted Wigdor, vice-president, government and corporate affairs.
This valuable and user-friendly HST booklet, authored by Diane Gaudon, FCPA, FCGA, offers businesses useful tips on how to comply with HST, highlighting important changes that have occurred since the 2009 implementation. The guide details relevant tax queries such as point-of-sale rebates, new HST place-of-supply rules, recovering the HST in Ontario and British Columbia, employee expense report factors, taxable benefits, mandatory electronic filing and penalties for misreporting, and more.
CGA Press Release June 2011- CGA Supports Best Practices for Ontario Businesses