Published | Category : GST and QST

Phasing Out of ITR Restrictions for Large Businesses

Starting January 1, 2018, input tax refund (ITR) restrictions for large businesses will be phased out.

Large businesses will be entitled to claim ITRs on goods and services subject to the restrictions at the following rates:

  • 25% for 2018;
  • 50% for 2019;
  • 75% for 2020;
  • 100% for 2021 onward.

On January 1 of each year, QST that has been paid or becomes payable for acquisitions of goods and services subject to the restrictions can be included (at the applicable rate for the year) in the calculation of the large business's ITRs.

For general information about:

For more information, consult interpretation bulletin TVQ. 206.1-10, Particulars regarding the phasing out of the ITR restrictions applicable to large businesses that is to begin on January 1, 2018, on the Publications du Québec website.

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