Essay
Mr. Marcus Leblanc begins his business on January 1 of the current year. His quarterly sales of taxable items are as follows: At what point in time will Mr. Leblanc have to begin collecting GST? At what point will he be required to register?
Correct Answer:

Verified
As his sales exceed $30,000 in the third...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q62: Indicate two situations where the fact that
Q63: Ms. Mary Rivers works in the province
Q64: How are input tax credits calculated on
Q65: Brad Inc. had sales of merchandise during
Q66: Give two examples of entities that would
Q68: The term taxable supply, as it is
Q69: In Ontario, the HST rate is 13
Q70: Sheila Hammer starts a new business on
Q71: Describe the "last four calendar quarters" test
Q72: Despite several advantages of transaction taxes, such