KPMG Canada outlines new GST/HST and QST obligations for employers and pension plans. Employers offering registered pension plans must remit by January 31, 2026, while pension entities and master pension entities must file annual returns by June 30, 2026. The guidance also advises reviewing SLFI status and claiming eligible rebates.
Employers offering registered pension plans must remit GST/HST and QST by January 31, 2026, under the pension plan rules.
The requirement generally applies to employers with monthly or quarterly GST/HST reporting periods and a December 31 year-end.
Pension entities and master pension entities should prepare to file annual GST/HST and QST returns by June 30, 2026.
Pension entities should review their selected listed financial institution (SLFI) status and claim any eligible pension entity rebates.
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VATabout · about 4 hours ago
Mexico’s 2026 Tax Reform introduces significant VAT changes, including non-creditable VAT on insurance claims settled in kind and new digital reporting obligations for platforms. Digital platforms must provide online access to transactional data, upload detailed supplier information daily, and retain records for five years. The reform also removes the ability of Collective Financing Institutions to substitute legal entities for VAT withholding on interest paid to individuals.
Sovos · 3 days ago
This guide outlines Arkansas’s statewide sales and use tax rate of 6.5%, economic nexus thresholds, prepayment obligations for high‑volume sellers, and the state’s participation in the Streamlined Sales Tax initiative. It also covers exemption certificates, filing methods, and the destination‑based sourcing rule.
VatCalc · 3 days ago
Brazil has approved a second law that operationalises its dual VAT system, introducing a federal CBS tax of 8.8% and a state/municipal IBS tax of 17.7% and replacing PIS, Cofins, ICMS and ISS. The legislation establishes a national governance body for IBS, provides sector‑specific rules, and sets a phased transition from 2026 to 2033.
Lex18 · 4 days ago
Kentucky Rep. Beverly Chester-Burton has filed House Bill 175 to establish a yearly sales tax holiday for school‑related purchases. The holiday would run from 12:01 a.m. on the first Friday of August until midnight Sunday, exempting most clothing items up to $200 and other specific items under $3,000. If enacted, the state sales tax would be eliminated on those items during the holiday period.
LHVC · 4 days ago
Effective January 1 2026, unincorporated Boulder County will see a new minimum wage of $16.82 per hour for nontipped workers and $13.80 for tipped workers, while the county’s sales tax rises by 0.15 % to 1.335 %, bringing the combined rate to 6.335 %. The change, approved in a November 2025 election, funds mental‑health services for three years and could lead Niwot to adopt a 2.5 % sales tax if it incorporates.
Fonoa · 4 days ago
Argentina has mandated electronic invoicing for all VAT‑registered, simplified regime, and exempt taxpayers since April 1 2019. Invoices must be issued via AFIP’s CAE code, transmitted in XML, and retained for five years. Non‑compliance can lead to 2‑6 day closures, and Fonoa provides integration solutions to meet these requirements.
