Re: FW: Canada Tax Requirements /Winnipeg East

From
Alyson Rohane <alyson.rohane@thekey.com>
To
Frank Liu <fliu@thekey.com>, Timothy Thomas <tt@thekey.com>, Michael Jichetti <michael.jichetti@thekey.com>, "Ip, Renee" <reneeip@kpmg.ca>
CC
"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 12:20:58 -0800
Folder
INBOX
--000000000000af3094060b3c28c2 Content-Type: multipart/alternative; boundary="000000000000af3093060b3c28c1" --000000000000af3093060b3c28c1 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable 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 wro= te: > 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 wrot= e: >> >>> 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 i= s >>> subject to continual change, at times on a retroactive basis and may re= sult >>> 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 date >>> hereof.* >>> >>> *Qu=C3=A9bec announced through its November 10, 2017 economic plan that= it >>> intends to introduce legislation that will prohibit a taxpayer who has >>> carried out a transaction, or series of transactions, subject to a Reve= nu >>> Qu=C3=A9bec final assessment based on the general anti-avoidance rule f= rom being >>> able to obtain authorization from the Autorit=C3=A9 des march=C3=A9s fi= nanciers (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 herein >>> and KPMG expresses no opinion with respect to any other federal, provin= cial >>> or foreign tax or legal aspect of the transactions described herein. It >>> should be noted that the Canada Revenue Agency and/or the relevant >>> provincial tax authority and/or a foreign tax authority and/or any othe= r >>> governmental tax authority (collectively a Tax or Revenue Authority) co= uld >>> take a different position with respect to these transactions in which c= ase >>> it may be necessary for you to defend this position on appeal from an >>> assessment or litigate the dispute before the courts, including one or = more >>> appellate courts, in order for our conclusions to prevail. If a settle= ment >>> were reached with a Tax or Revenue Authority or if such appeal and >>> litigation were not

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