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QST rate change effective Jan. 1, 2012

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Published: 5 Dec 2011

As part of the Quebec government’s measures previously announced to tackle its growing budget deficit, the Quebec sales tax rate (QST) will be increasing another 1%, from 8.5% to 9.5% effective Jan. 1st, 2012.

During the transition period from the rate of 8.5% to the new rate of 9.5%, the following rules apply:

  • If QST becomes payable or is paid before January 1st, 2012, the 8.5% QST rate will apply.
  • If QST becomes payable on or after January 1st, 2012 without having been paid before that day, the 9.5% QST rate applies.

Units responsible for cash registers, POS systems, e-commerce solutions, and any other transaction feeds must ensure that their billing systems are updated and can support these new rates which come in effect on January 1st, 2012.

For conference organizers advertising for a conference in 2012, if QST is applicable, please notify participants that for registrations received subsequent to December 31st, 2011, the 9.5% QST rate will apply.

What does this mean? Read the Financial Services’ Knowledge Base article which explains the impact.

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