--0000000000001a215f061cbdc53a Content-Type: multipart/alternative; boundary="0000000000001a215d061cbdc539" --0000000000001a215d061cbdc539 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Could be payroll related as I did not make any payment for that amount. Income tax payments were not made until the end of June and GST/HST is much higher than that. Also for GST/HST we pay through wire as Steve can attest to not through the GPFS system. Thank you corporations have to file corporate taxes 6 months after the end of the corporation=E2=80=99s tax year and pay in monthly or quarterly installments= . Businesses also need to remit and file other provincial and federal taxes such as HST, GST, PST and payroll source deductions, and pay in monthly, quarterly or annual installments. If you=E2=80=99ve ever forgotten to file = your business taxes on time, you know the federal or provincial government charges a late payment penalty fee. CIBC=E2=80=99s Government Payment and Filing Service (GPFS) is a convenient= way to report and remit federal and provincial business taxes. There are no set-up= or monthly fees to use GPFS, and it complements the services that come with your CIBC Business Operating Account . On Mon, Jul 8, 2024 at 10:49=E2=80=AFAM Timothy Thomas wrot= e: > Unfortunately I don=E2=80=99t know and Chuck is on PTO > > I Googled GFPS and it could be a year end tax payment /hst / tax > instalment. > > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@TheKey.com > (514) 591-9387 > TheKey.ca > [image: TheKey] > > > On Mon, Jul 8, 2024 at 3:40=E2=80=AFPM Michael Jichetti michael.jichetti@thekey.com> wrote: > >> Hi >> >> Hope all is well. Would you happen to know exactly which government >> agency it pertains to? It is too low for a gst or income tax payment. I = was >> thinking it could be EHT related but wasn't able to find that exact amou= nt. >> Thank you >> >> On Mon, Jul 8, 2024 at 10:10=E2=80=AFAM wrote: >> >>> Adding Michael as well. >>> >>> >>> >>> *From:* brian.fialko@thekey.com >>> *Sent:* Monday, July 8, 2024 10:07 AM >>> *To:* 'Chuck Terlesky' >>> *Cc:* 'Timothy Thomas' ; 'Steve Kearley' >> steven.kearley@thekey.com> >>> *Subject:* CIBC Calgary June Government Payment >>> >>> >>> >>> Hi Chuck, >>> >>> >>> >>> I am working through the June CIBC bank rec and had the following >>> question (wanted to add Tim in case he knew as well): >>> >>> >>> >>> What is the $702.74 government payment related to below? Do we have any >>> support? Thanks! >>> >>> >>> >>> >>> >>> Brian Fialko >>> >>> Director of Technical Accounting >>> >>> Mobile: 610-731-3559 >>> >>> >>> >> >> >> -- >> >> *Michael Jichetti* >> >> Head of Tax >> >> Mobile: 718-490-1727 >> >> Email: Michael.Jichetti@thekey.com >> >> >> >> [image: TheKey] >> > --=20 *Michael Jichetti* Head of Tax Mobile: 718-490-1727 Email: Michael.Jichetti@thekey.com [image: TheKey] --0000000000001a215d061cbdc539 Content-Type: text/html; char