With the new Canadian fuel charge provided for in the Greenhouse Gas Pollution Pricing Act (the “GGPPA”), many Canadian and non-resident oil and gas companies doing business in Canada with fossil fuel products have now successfully registered.
Now comes the unexpectedly difficult part: monthly reporting.
General Reporting Requirement
In general, the GGPPA imposes timely reporting requirements including monthly returns for most businesses that are not “road carriers”. Most returns are due the last day of the calendar month (1) following a registrant’s reporting period OR (2) following the reporting period in which a charge became payable for non-registrants.