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What Is The GST/HST Election-RC4616?: Ws Canadian Tax Faqs by Iruj Taher is a document available to read on EtoBox.

What is What Is The GST/HST Election-RC4616?: Ws Canadian Tax Faqs about?

The GST/HST Election-RC4616 allows closely related corporations and Canadian partnerships to treat certain taxable supplies as having been made for nil consideration for GST/HST purposes. Corporations are considered closely related if at least 90% of the value and number of issued capital shares of the subsidiary are owned by the parent corporation. This election is relevant for tax filing purposes.

Author

Iruj Taher

Language

EN