If you qualify as a large business for QST purposes, remember that you can claim 75% of the QST that is paid or has become payable since January 1, 2020 on expenses subject to input tax refund (“ITR”) restrictions. ITR restrictions are gradually eliminated by 25% per year starting in 2018. As a result, a large business can claim a portion of the QST paid on the restricted expenses as follows: 2018 : 25 %; 2019 : 50 %; 2020 : 75 %; 2021 and subsequent years: 100%. In summary, expenses subject to ITR restrictions include: Road vehicles weighing less than
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