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Quebec’s tax technology deadline passes, fines increase
November 14, 2011
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All Quebec restaurateurs should have connected their cash registers or point-of-sale (POS) systems to sales recording modules (SRMs) or “black boxes” by now – the deadline for this upgrade (and use of government subsidies) was Nov. 1, 2011. Excluding seasonal operations (e.g. golf clubs and camps), any foodservice operation that does not have an SRM installed, or a purchase order to have one installed shortly, is deemed illegal.
Fines
Fines for not issuing a receipt to customers will increase from $400 to $2,000 per transaction. About 40 inspectors will enforce these fines and check that SRM installations are complete.
Fighting fiscal evasion
This installation is part of Quebec’s fight against fiscal evasion, an ongoing project for the last four years. On Nov. 1, Revenue Minister Raymond Bachand said government aims to recuperate up to $400 million in unpaid taxes every year. He noted that out of Quebec’s 21,500 restaurants, about 4,500 have still not installed SRMs – of which, 2,000 would be classified as illegal. According to Revenue Quebec, other Canadian jurisdictions will closely monitor this new policy to see if it successfully curtails fiscal evasion in the restaurant industry.
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