(Nov. 11/14) Restaurants Canada appeared before the Commission on Fiscality to explain why the tax credit on tips declared is important for the restaurant industry. This commission is one of many set up by the Government of Quebec to review programs and subsidies in a tight financial situation.
Restaurants Canada explained that eliminating this tax credit would result in restaurant closures and job losses, due to our industry’s razor-thin profit margins in recent years.
The Commission’s Chair also met privately with two leaders of key foodservice companies in Quebec. Both operators emphasized the importance of the tax credit on tips declared.
Restaurants Canada looks forward to the commission’s recommendations to government.