Ontario Harmonized Sales Tax
Ontario Harmonized Sales Tax
Ontario Harmonized Sales Tax
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Temporary Restrictions – Large Business<br />
• The large business designation is reviewed on an<br />
annual basis<br />
• The $10 million dollar threshold is compared to<br />
taxable sales of the business and all associated<br />
businesses based on the business’s fiscal year end<br />
• The restricted ITC’s will need to be included on<br />
GST/HST returns and specifically shown as<br />
restricted<br />
• Large businesses will be required to complete<br />
GST/HST returns online<br />
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