Re: FW: Canada Tax Requirements /Winnipeg East

From
Frank Liu <fliu@thekey.com>
To
Alyson Rohane <alyson.rohane@thekey.com>
CC
Timothy Thomas <tt@thekey.com>, Michael Jichetti <michael.jichetti@thekey.com>, "Ip, Renee" <reneeip@kpmg.ca>, "daniel.barakat@thekey.com" <daniel.barakat@thekey.com>, Steve Koyanagi <skoyanagi@thekey.com>, "eclark@thekey.com" <eclark@thekey.com>, Laszlo Kovacs <laszlo.kovacs@thekey.com>, "natalie.cahoone@thekey.com" <natalie.cahoone@thekey.com>
Date
Tue, 28 Nov 2023 14:12:33 -0800
Folder
INBOX
--000000000000ca9d62060b3db753 Content-Type: multipart/alternative; boundary="000000000000ca9d61060b3db752" --000000000000ca9d61060b3db752 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Alyson, There are two areas on the invoice temmplate Is this for both the tax and footer section? Better yet can you update/mockup for what this needs to look like so everyone is aligned. And to confirm, is this only for the Quebec/Montreal agency/location templates? thanks, Frank [image: hotprint_nl.jpg] On Tue, Nov 28, 2023 at 12:21=E2=80=AFPM Alyson Rohane wrote: > Thank you Tim, Renee & Michael! > > Hi, Frank - Can we please have the tax abbreviations updated in NetSuite = (PST/TPS > and QST/TVQ)? > > On Tue, Nov 28, 2023 at 12:12=E2=80=AFPM Timothy Thomas w= rote: > >> I'm good with that option as well. >> >> On Tue, Nov 28, 2023 at 2:26=E2=80=AFPM Michael Jichetti > michael.jichetti@thekey.com> wrote: >> >>> Yes I agree with Renee 100%. >>> >>> On Tue, Nov 28, 2023 at 2:20=E2=80=AFPM Ip, Renee wro= te: >>> >>>> Hi all - I think is best to use both PST/TPS and QST/TVQ. Thanks! >>>> >>>> >>>> >>>> *Renee Ip * >>>> >>>> Senior Manager, Indirect Tax >>>> >>>> KPMG LLP >>>> >>>> >>>> >>>> Vaughan Metropolitan Centre >>>> >>>> 100 New Park Place, Suite 1400 >>>> >>>> Vaughan, ON L4K 0J3 >>>> >>>> Tel: 416-228-7027 >>>> >>>> Fax: 905-265-6390 >>>> >>>> *Reneeip@kpmg.ca * >>>> >>>> >>>> >>>> *Any advice herein is based on the facts provided to us and on current >>>> tax law including judicial and administrative interpretation. Tax law = is >>>> subject to continual change, at times on a retroactive basis and may r= esult >>>> in incremental taxes, interest or penalties. Should the facts provided= to >>>> us be incorrect or incomplete or should the law or its interpretation >>>> change, our advice may be inappropriate. We are not responsible for >>>> updating our advice for changes in law or interpretation after the dat= e >>>> hereof.* >>>> >>>> *Qu=C3=A9bec announced through its November 10, 2017 economic plan tha= t it >>>> intends to introduce legislation that will prohibit a taxpayer who has >>>> carried out a transaction, or series of transactions, subject to a Rev= enu >>>> Qu=C3=A9bec final assessment based on the general anti-avoidance rule = from being >>>> able to obtain authorization from the Autorit=C3=A9 des march=C3=A9s f= inanciers (AMF) >>>> to bid for or obtain public contracts. The taxpayer will be listed in= the >>>> Register of Enterprises Ineligible for Public Contracts.* >>>> >>>> *Our advice is limited to the conclusions specifically set forth herei= n >>>> and KPMG expresses no opinion with respect to any other federal, provi= ncial >>>> or foreign tax or legal aspect of the transactions described herein. I= t >>>> should be noted that the Canada Revenue Agency and/or the relevant >>>> provincial tax authority and/or a foreign tax authority and/or any oth= er >>>> governmental tax authority (collectively

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