Revenu Québec Harmonizes with Certain Federal Tax Measures

In accordance with the general harmonization of the QST system with the GST/HST system, Revenu Québec recently issued Information Bulletin 2019-8, “Harmonization with Certain Measures Announced by the Federal Government” which notes its adoption of various measures announced by the Federal Government.

The measures adopted relate to the Canada Education Savings Regulations (CESR), extension of the sales tax holding corporation rules to holding partnerships and trusts as well as legislative proposals relating to the increase of the threshold (from $20 to $40) for non-taxable imports covered within the agreement between Canada, the United States of America, and the United Mexican States.  

The Federal Government’s effective date of September 1, 2019 for the CESR amendment was also adopted by Revenue Québec. In addition, the amendments in relation to holding partnerships and trusts as well as the threshold for non-taxable imports indicated above will become effective for QST purposes when they become applicable for GST/HST purposes.