company files GST/HST returns on a monthly/quarterly or yearly schedule with the
Canada Revenue Agency, the 4-year recovery savings potential could be hundreds
of thousands of dollars.
for all US companies shipping products into Canada are mandated to pay the "GROSS"
amount of GST/HST tax on the
of their products when they clear the border. The Canada Revenue Agency allows
exemptions/credits and adjustments to 15 areas of expenditure from which GST/HST
refunds can be extracted related to your sales. These exemptions, credits (Input
Tax Credits) are hidden in your closed A/P vendor files. Even if you deliver
your products through a Canadian Subsidiary, the same exemptions are in play.