Carbon Quotas Trading

[offshorecarbone]

Hello, new here.
Anyone familiar with Carbon Quotas Trading on the Canadian Market?
My question is simply does the Federal & Provincial taxes are applied ?
Let's say Company A in Ontario sell $1M worth of Carbon quotas to Company B in Qc, this means in the billing it should be $1M + 15% (GST/PST) = $1 150 000.
The additional $150k of taxes could it be declared manually and paid to the gov later ? or there is any time deadline for it to be declared?
If I'm not clear DM me.

Last edited: Dec 21, 2024

 

[daniels27]

The purchaser must self-assess GST
https://www.canada.ca/en/department...hst-rules-for-carbon-emission-allowances.html

 

[offshorecarbone]

daniels27 said:
The purchaser must self-assess GST
https://www.canada.ca/en/department...hst-rules-for-carbon-emission-allowances.html
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I can't believe how blind I'm I.. I literally spent days researching and couldn't find what I was looking for. You are a genius thanks mate

 

[toums]

Ask to Marco Mouly.

 

[offshorecarbone]

toums said:
Ask to Marco Mouly.
Click to expand...

He doesn't have a good reputation and know s**t about running a business he just a charlatan

 

[toums]

offshorecarbone said:
He doesn't have a good reputation and know s**t about running a business he just a charlatan
Click to expand...

That was ironic, but you didn't catch it.
Btw 's**t' about running business, he still made more than 200Millions € on that (ok in jail for some times now 🙂 )

 

[offshorecarbone]

toums said:
That was ironic, but you didn't catch it.
Btw 's**t' about running business, he still made more than 200Millions € on that (ok in jail for some times now 🙂 )
Click to expand...

He is not in prison, He was in Tel Aviv 2 weeks ago, he went to Tunis then he is preparing to return to Tel Aviv. He talks a lot, even in Israel nobody wants to deal with a talker like that. He don't know how to operate an enterprise at all. Producing fake legal documents and IDs with hand cooked financial corporate banking statements is not quantum computing. He did the most risky/easy job which in fraud we call it a striker. ( those who do the account opening in branches using some else's information's). The real master mind really was Cyril Astruc aka Alex Khan, he is the one who teached VAT fraud to Samy Souied in Tel Aviv in exchange of a Track Horse. Marco you can't trust him. He was in an ultimatum, Arnaud Mimran found out they were making more than him so, when he confronted Marco, Marco put all the burden on Samy Souied's life. If you ask me ? Did Arnaud ordered the hit? Yes he did it and Marco is a complice. He did it and now he act like he isn't responsible and that he's emotionally hurt while that's one of the main reason 2 of his nightclub angel investment propositions were declined in South France. They told him to go pound sand. He has less than 200M, He had 92M, then his Paris penthouse got taken, he got swindled by 2 Tunisian trust banking officers and an account taken from Switzerland. He sits on no less than 10M now. He keeps trying to reach out to everyone because he knows that his lavish spending will not last long with 10M, Rental cars and Yacht charters will suck up all what's left in less than 5 years.

 

[Bourne]

offshorecarbone said:
Hello, new here.
Anyone familiar with Carbon Quotas Trading on the Canadian Market?
My question is simply does the Federal & Provincial taxes are applied ?
Let's say Company A in Ontario sell $1M worth of Carbon quotas to Company B in Qc, this means in the billing it should be $1M + 15% (GST/PST) = $1 150 000.
The additional $150k of taxes could it be declared manually and paid to the gov later ? or there is any time deadline for it to be declared?
If I'm not clear DM me.
Click to expand...

If I may ask, what exactly is the nature of your business? Why the focus on taxes? Is it fully compliant and legal on both sides?

You seem to be quite knowledgeable about carbon trading and well-informed on the intricacies of VAT fraud, which makes me think you might be a true expert in this area.

VAT fraud can indeed be very lucrative and a tempting route, though I've personally never ventured into that territory. That said, I understand this might not be what you're considering but I can't be entirely sure.