Form GST20 Election for GST/HST Reporting Period in Canada is used by businesses to elect or change their reporting period for the Goods and Services Tax/Harmonized Sales Tax (GST/HST). Businesses can choose to report and remit GST/HST on an annual, quarterly, or monthly basis. This form allows businesses to make the election or change their reporting period.
The Form GST20 Election for GST/HST Reporting Period in Canada is filed by the taxpayer or the authorized representative of the taxpayer.
Q: What is Form GST20?
A: Form GST20 is the Election for GST/HST Reporting Period in Canada.
Q: What is the purpose of Form GST20?
A: The purpose of Form GST20 is to elect a specific GST/HST reporting period.
Q: Who needs to fill out Form GST20?
A: Businesses registered for GST/HST in Canada need to fill out Form GST20.
Q: Is there a deadline for submitting Form GST20?
A: Yes, the deadline for submitting Form GST20 is 90 days before the start of the GST/HST reporting period.