Mandatory Billing in the Restaurant Sector
As of September 1, 2010, restaurateurs will be required to provide their
customers with bills. Mandatory billing is a key measure in the fight
against tax evasion because bills contain all the information necessary to
verify the accuracy of each transaction. Furthermore, customers can verify
the information on their bill, including the amount of tax collected.
Reseller
Government subsidy
Sales reported for the restaurant establishment
Dépenses admissibles
Percentage (%) applied per $2,500
Maximum subsidy (required equipment portion) when SRM(s) activated no
later than March 31, 2011 (80%)
Maximum subsidy (required equipment portion) when SRM(s) activated after
March 31, 2011 (40%)
Less than $200,000 (and all new restaurant establishments)
$2,500
100% x $2,500 = $2,500
80% x $2,500= $2,000
40% x $2,500 = $1,000
Between $200,000 and $1,000,000
$5,000
(100% x $2,500)
+ (50% x $2,500) = $3,750
80% x $3,750
= $3,000
40% x $3,750 = $1,500
Over $1,000,000
$7,500
(100% x $2,500) + (50% x $2,500) + (25% x $2,500) = $4,375
