Tax Measures Under Canada’s COVID-19 Economic Response Plan

In addition, the Government of Quebec will accelerate the processing of requests for tax credits intended for businesses and tax refunds. Through the new measures, the government is adding $7.3 billion to companies’ liquid assets in the coming months for the postponement of the QST payment and more than $600 million in accelerated payments of tax credits.

On April 9, 2020, the Government of Quebec announced that the deadline to report and remit tax on lodging for the first calendar quarter of 2020, otherwise due by April 30, 2020, is extended to July 31, 2020. As a result, registered persons for this tax will generally be required to file two returns on or before July 31, 2020 (one for the first calendar quarter of 2020, and one for the second calendar quarter).

As of April 20, 2020, no measures have been announced regarding other taxes such as:

  • The tax on alcoholic beverages;
  • The tax on insurance premiums;
  • The specific duty on new tires;
  • The municipal tax for 9-1-1 services;
  • The fuel tax; and
  • The tobacco tax.

Other measures 

To limit in-person contact, Revenu Québec will allow tax preparers to use an electronic signature on certain forms. The forms in question are form TP-1000.TE-V (Online Filing of the Personal Income Tax Return by an Accredited Person), form MR-69-V and form CO-1000.TE (Online Filing of the Corporation Income Tax Return by an Accredited Person). The information sessions usually broadcast in person to individuals and businesses, and the support program for small and medium-sized businesses, are now offered by telephone.

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