Taxes – QST: zero-rating of motor vehicles acquired for resale or long-term lease (12 months or more)
Did you know? A person registered for QST does not have to pay QST when acquiring a motor vehicle intended for resale or lease for a continuous period of at least 1 year. THE ZERO-RATING RULE IN THE QST SYSTEM The Act Respecting the Québec Sales Tax (“AQST”) zero-rates (taxable at 0%) a supply by […]
Taxation – Immediate transfer of responsibility
On April 18, 2021, the Honourable Chrystia Freeland, Minister of Finance, proposed a budget driven by a plan to grow Canadian small and medium-sized businesses. It was in this budget that she proposed to allow Canadian businesses to write off the cost of acquiring an asset as an immediate expense, based on certain criteria. However, […]
Human Capital – Generations in the workplace
Today’s companies are made up of several generations working together to ensure their long-term survival. But what about harmony in the workplace between these different generations? As an employer, you have to take everyone’s skills into consideration. For example, the Baby-Boomer generation has the company’s experience and knowledge. This generation often has a rigorous work […]