12. As a contractor in the construction industry, what are the tax implications of becoming registered with the Régie du Bâtiment du Québec (RBQ). Do I have to grant RBQ access to my bank statements?

The tax implications of a contractor in the construction industry does not depend on whether or not he is registered with the RBQ, but rather depends on the type of business organization he operates, where he operates, and where his clients are located and how all these factors are related to the reserve. If you are, however, registered with the RBQ, the Board may in the exercise of their powers of supervision examine and make copies of a contractor’s books, ledgers and files the whole in accordance with article 112(2) of the Building Act R.S.Q. c., B-1.1.

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