Canada Tax Agency Announced Updated Information on GST/HST Electronic Filing, Payment

The Canadian Revenue Agency Aug. 28 announced updated information on GST/HST electronic filing and payment. The updates include: 1) the removal of the mandatory electronic filing threshold of C$1.5 million (US$1.1 million) for reporting periods beginning on or after Jan. 1; 2) that remittances or payments to the Receiver General of Canada must be made as an electronic payment if the amount exceeds C$10,000 (US$7,423), applicable from Jan. 1; and 3) changes to the Progressive Tracker service so that My Business Account users and their authorized representatives can track the progress of GST/HST returns and reassessments. [Canada, Canada Revenue Agency, ...