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Tax returns in Canada refer to the obligatory forms that must be submitted to the Canada Revenue Agency (CRA) each financial year for individuals or corporations earning an income in Canada. The return paperwork reports the sum of the previous year's (January to December) taxable income, tax credits, and other information relating to those two ...
Revenu Québec (French pronunciation: [ʁəvny kebɛk]; formerly the Ministère du Revenu du Québec, Quebec Ministry of Revenue) is an agency of the government of the Province of Quebec, Canada. It collects taxes to fund public services, ensures that all citizens pay their fair share, and administers programs. [ 1 ]
Canada Revenue Agency collects personal income taxes for agreeing provinces/territories and remits the revenues to the respective governments. The provincial/territorial tax forms are distributed with the federal tax forms, and the taxpayer need make only one payment—to CRA—for both types of tax.
In Quebec, under an agreement with the federal government, Revenu Québec administers the GST to businesses, and administers Quebec's own Quebec Sales Tax (QST). The Goods and Services Tax was introduced in 1991 at 7 per cent added to the value of most sales of goods and services.
A non-violent Quebec independence movement slowly took form in the late 1960s. The Parti Québécois was created by the sovereignty-association movement of René Lévesque ; it advocated recognizing Quebec as an equal and independent (or "sovereign") nation that would form an economic "association" with the rest of Canada.
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Quebec's high provincial taxes account for its budget surplus, although without equalization Quebec would have had a deficit. [28] Quebec residents pay the highest provincial tax in the country but the lowest federal tax. [41] Quebec residents pay 16.5% less federal income tax annually than other Canadian provinces due to the Quebec Abatement. [42]
Quebec has a number of regions that go by historical and traditional names. Often, they have similar but distinct French and English names. Abitibi; Lower Saint Lawrence (Bas-Saint-Laurent) Beauce (within Chaudière-Appalaches) Bois-Francs (within Centre-du-Québec) Charlevoix (eastern part of the Capitale-Nationale administrative region ...
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