Some notable engagements of TaxEdge Accounting Inc.
Assisted a leading pizza chain franchise owner in Richmond, British Columbia, in claiming a BC PST rebate on select machinery and equipment acquired when setting up the store. Reviewed the asset list, identified eligible items, prepared and filed the application, and liaised with the BC Ministry of Finance to secure processing. Result: the franchisee successfully obtained a rebate of approximately $10,000.
Responded to a CRA proposal letter issued following a GST/HST appeal filed on behalf of a real property developer, successfully reducing the proposed tax adjustments by approximately $54,000
Conducted a sales tax recovery engagement for a real property developer, identifying approximately $72,000 in previously unclaimed input tax credits (ITCs). Also successfully defended the client’s position during a subsequent CRA refund integrity audit triggered by the filing of these ITCs.
Provided detailed GST, BC PST, and MRDT advice to a real property owner who constructed a new guest suite used exclusively for short-term rental operations. The memorandum also identified and helped the client recover approximately $40,000 in unclaimed ITCs.
Delivered comprehensive advice to a BC-based cybersecurity company on the BC PST implications of its 84 active IT products and service offerings.