QST / TVQ (Quebec Sales Tax) increase effective January 1, 2011

Real Estate Agent with Royal LePage Vision Realty, Brokerage, Direct: (416) 737-9800, Office: (416) 321-2228

QST / TVQ (Quebec Sales Tax) increase effective January 1, 2011

Are you ready for the increase in the Quebec Sales Tax ("QST") on January 1, 2011?  QST is known in French as Taxe de vente du Québec ("TVQ").

The QST rate will be increasing from 7.5% to 8.5%.  Since QST is charged on top of the 5% federal goods and services tax ("GST'), the effective QST rate will be 8.925%.

According, the combined effective GST and QST rate in Quebec effective January 1, 2011 will be 13.925%.

These sales tax rates will apply all goods and services where GST and QST are currently charged.

Transition rules may apply on some transactions.

Also, it was proposed in the 2010 Quebec provincial budget that the QST rate be increased on January 1, 2012 by 1% from 8.5% to 9.5%.  This proposal has not yet passed into law.

This article is intended to inform readers of developments as of the date of publication on November 28, 2010 and is neither a definitive analysis of the law, proposed law, administrative positions, interpretations, court cases etc. nor a substitute for professional advice. Readers should discuss with appropriate professional tax advisors, financial advisors, legal counsel and/or other advisors regarding how the information may apply to their specific situations. This post will NOT be updated for changes in legislation, court cases, interpretations or other matters after publication. E.&.O.E.

QST / TVQ (Quebec Sales Tax) increase effective January 1, 2011

Posted by

Are you looking to move within or relocate to the Greater Toronto Area?

Marc Swartz, CPA, CA serves clients in the Greater Toronto Area of Ontario, Canada. I primarily focus on Toronto, North York, Scarborough, York Region (including Markham, Unionville, Stouffville, Thornhill and Richmond Hill) and Durham Region (Pickering, Ajax and Whitby).

Make the Right Move.  Consult Marc Swartz.

Marc Swartz, CPA, CA

Copyright Marc Swartz. All rights reserved worldwide. E&OE. Not intended to solicit clients already under contract with a brokerage.

Read the RSS feed of Marc Swartz.  Google+       Follow Marc Swartz on Twitter.  Connect with Marc Swartz on LinkedIn.   See my videos on YouTube.  Learn about real estate, mortgages, communities and more!  See photographs taken by Marc Swartz on Flickr.  Friend Marc Swartz on Facebook.(friend) Become a fan of the real estate business page of Marc Swartz on Facebook.(fan)


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Quebec Montreal Area Montreal
The Art Of Marketing You
Canada - Tax and Grants
quebec sales tax

Spam prevention
Show All Comments
Andrew Mooers
Northern Maine Real Estate-Aroostook County Broker

Had enough fun with HST and the other provincial taxes we bump in to when we cross the Canadian border in to New Brunswick..to buy hockey equipment or hit an arena game.

Nov 28, 2010 02:43 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Marc Swartz, CPA, CA, Real Estate Broker

Toronto, Durham & York Regions, Ontario, Canada
Ask me a question
Spam prevention

Additional Information