Temporary ITC Restrictions for Large Business
Ontario has placed temporary restrictions on Input Tax Credits (ITCs) for Large Companies that apply to certain items used by businesses making taxable supplies, including zero-rated supplies, worth more than $10 million annually. The restrictions would be temporary and would only apply to the Ontario portion (8%) of the HST.
Click here to download more information on how these ITC restrictions can affect your business.
- Introduction of the Harmonized Sales Tax (HST) in Ontario
- Transitional rules for HST
- Winding down the Retail Sales Tax (RST)
- Temporary ITC Restrictions for Large Business
- Harmonized Sales Tax Checklist
- Retail Sales Tax Clearance Certificates
- Retail Sales Tax – Final, Supplemental and Amended Returns
- Retail Sales Tax Transitional Tax Rebate
- Contact Us
Articles on HST from our Accounting Blog
ITC Restrictions and Production Proxy
Special Report on Harmonized Sales Tax (HST) in Ontario
You're viewing our special report on the introduction of Harmonized Sales Tax (HST) in Ontario. We've prepared this report to help you understand how this change will affect your taxes and how you do business.
For an in depth consultation on how we can help you adjust to the new HST on July 1, 2010, please contact us.