Tax Accountant for Exporters in Ontario and Across Canada
We code your export sales as zero-rated supplies under Schedule VI Part V of the Excise Tax Act so you charge 0% HST yet recover every input tax credit, move net-refund filers to monthly HST filing so refunds arrive in weeks instead of a year, build the proof-of-export file of bills of lading, customs records and CERS declarations that CRA demands, and watch the US side of your business — the 3PL and Amazon FBA inventory, sales agents and installation crews that can create a treaty Article V permanent establishment, plus state sales-tax nexus after Wayfair. Whether you ship industrial components, consumer goods, food products or services to customers in the United States, Europe or Asia, we handle the multi-currency receivables and section 9 foreign-exchange gains and losses, the T106 and T1134 filings, duty drawback, EDC receivables insurance and CanExport funding, warehouse payroll with WSIB, and plan the salary, dividends and eventual sale of your company — with AFFORDABLE flat fees.
AFFORDABLE Exporter Tax Accountant
An exporter sells Canadian goods or services to customers outside Canada, and the books are shaped by three things a domestic business never meets: HST zero-rating, currency, and the tax rules of the destination country. Exports of goods are zero-rated under Schedule VI Part V of the Excise Tax Act, so you charge 0% HST but stay registered and recover every input tax credit on freight, packaging, inventory and overhead — which makes most exporters net-refund filers who should file monthly. That zero rate depends on evidence: the goods must leave Canada as soon as reasonable, must not be consumed here first, and the bills of lading, customs records and CERS export declarations must be on file. Your USD and EUR receivables create foreign-exchange gains and losses on income account under section 9, and your US customers, 3PL or FBA inventory and sales agents raise permanent-establishment and state-nexus questions that a treaty-based 1120-F protective return and a nexus review settle. That is why you need a specialist who knows the trade. At Gondaliya CPA, we specialize in zero-rated HST, multi-currency bookkeeping and cross-border corporate tax planning for exporters, providing AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying more tax than you owe.
As an export-business and cross-border accountant, we work with industrial-component, consumer-goods, food and beverage, technology and service exporters selling into the United States, Europe and Asia from across Ontario, with year-round support rather than a once-a-year scramble. We tell you plainly what you can deduct, what you cannot, and where the real profit sits on each destination market after freight, commissions and currency.
Let us handle the numbers so you can focus on the work that actually pays you.
Our Official Partners
Accounting That Understands How an Export Business Actually Works
Running an export business comes with financial pressures a purely domestic company never faces. You invoice at 0% HST on zero-rated export sales while paying 13% on everything behind them, you have to prove every shipment left the country, you get paid in US dollars or euros weeks after shipping, your inventory may sit in a US 3PL or FBA warehouse, and every related-party sale and foreign affiliate carries its own CRA form. At Gondaliya CPA, we understand the financial reality of an exporter and provide practical, trade-focused solutions across the GTA and all of Ontario.
Stay Compliant and Minimize Your Export Business Tax
For an exporter, staying onside with CRA, CBSA, WSIB and the IRS and paying the least legal tax are the same job. We keep every filing on schedule while claiming every input tax credit, drawback dollar and CCA claim the T2 and HST return allow, so nothing is missed and nothing invites a reassessment.
Accounting & Tax Experts for Exporters
- AFFORDABLE + Fully Registered CPA Firm
- Business and Corporate Tax Expert
- Small & Medium Business Expert
- Accounting, bookkeeping, and tax filing
- Certified CPA
- 1300+ 5-star Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Choose Our Accounting Services for Exporters?
Tax Planning — Zero-Rated HST & Cross-Border Expertise
We know the trade: zero-rated export sales with full input tax credits and monthly net-refund filing, delivery vans in Class 10 at 30%, heavy trucks in Class 16 at 40%, warehouse equipment in Class 8 at 20%. We keep the treaty Article V permanent-establishment position on record with a 1120-F protective return and protect the $500,000 Small Business Deduction.
Consulting — Multi-Currency & Proof-of-Export Bookkeeping
Our bookkeeping runs USD, EUR and GBP receivables with section 9 revaluation, ties every zero-rated invoice to its bill of lading and CERS declaration, and tracks hedges, EDC premiums and drawback claims. We cost each destination market so you see the real margin and tie HST to revenue.
CRA Representation — Zero-Rating & FX Audit
When CRA reviews your zero-rated sales, your foreign-exchange treatment, or your T106 and transfer-pricing file, we prepare the response, produce the proof-of-export evidence, reconcile WSIB, and pursue relief on Form RC4288 where penalties came from a prior error.
Bookkeeping — Payroll, US Filings & Sale
We run your warehouse, shipping and sales-team payroll with WSIB, handle the 1120-F, 5472 and state sales-tax filings, and get you ready to sell. We model the profit level where incorporating pays off and handle the eventual disposition of your company.
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Exporter Clients
Exporter Tax and Accounting Services in Ontario
Corporate Tax Filing (T2) for Exporters
Professional T2 preparation with zero-rated export revenue on its own GIFI line, section 9 foreign-exchange gains and losses, Schedule 8 CCA on your fleet and warehouse, T106 and T1134, and CRA compliance on every line.
Bookkeeping & Accounting for Exporters
Multi-currency receivables, proof-of-export and zero-rated HST bookkeeping with financial statements, clean records, and monthly reporting built for an export business.
Payroll Services for Exporters
Warehouse, shipping and sales-team payroll with WSIB in the distribution rate group, PD7A remittances, T4s, and commission structures that keep US sales agents from creating a permanent establishment.
GST/HST Filing for Exporters
AFFORDABLE monthly net-refund HST filing with export sales zero-rated, full input tax credits on freight and inventory, and a proof-of-export file matched to your T2 to avoid CRA reassessment.
Tax Planning for Exporters
Smart tax planning to protect the Small Business Deduction, price related-party sales under section 247, hedge FX exposure, time fleet purchases, and plan salary, dividends and sale.
Corporate Catch-Up Filing for Exporters
File overdue T2 and HST years, rebuild missing export revenue, FX, proof-of-export and T106 records, and get back into CRA compliance with accurate catch-up support.
CRA Audit Resolution for Exporters
Expert support for zero-rating, proof-of-export, foreign-exchange and transfer-pricing audits, with input tax credit and section 247 reviews handled with confidence.
CPA Financial Statements (Notice to Reader) for Exporters
CPA-compiled financial statements that banks, EDC and receivables lenders accept for your exporting corporation.
Incorporation Services for Exporters
Full incorporation including NUANS, articles, share structure, HST registration for ITC recovery, and the section 85 rollover from your unincorporated export business.
Catch-Up Bookkeeping Services for Exporters
We rebuild months of missing export invoices, USD and EUR receivables, proof-of-export records, freight and customs costs and unclaimed input tax credits so your books are current and CRA-ready.
US Corporation & LLC Tax Filing for Exporters
Cross-border filing for exporters selling into the United States: treaty Article V permanent-establishment review, 1120-F protective returns, Form 5472 for a US subsidiary, and Wayfair state sales-tax nexus.
Voluntary Disclosure Program for Exporters
We file a VDP disclosure to correct unsupported zero-rated sales, unreported foreign-exchange gains, missed T106 or T1134 slips or unfiled T2 years before CRA contacts you, cancelling penalties and reducing interest.
Accounting & Tax Services Tailored for Exporters
Real, practitioner-level CPA expertise for industrial-component, consumer-goods, food and beverage, technology and service exporters selling into the United States, Europe and Asia from across Ontario — built for how an export business actually runs.
- We prepare your T2 with GIFI on Schedule 100 and Schedule 125, reporting zero-rated export sales on a separate revenue line from domestic taxable sales in QuickBooks, so CRA’s HST-to-T2 matching never flags a mismatch; on one file correct coding reversed a $19,000 assessment.
- We convert USD and EUR export revenue at the Bank of Canada rate on each invoice date and book the section 9 foreign-exchange gain or loss on income account on Schedule 125 in QuickBooks, because capital treatment misstates tax; one correction fixed a $14,000 error.
- We claim capital cost allowance on Schedule 8, placing vans in Class 10 at 30%, trucks in Class 16 at 40%, racking in Class 8 at 20% and software in Class 12 at 100%, tracked in Xero; one $120,000 fleet addition produced $36,000 of CCA.
- We file Form T106 with your T2 when related-party cross-border transactions exceed $1,000,000 and Form T1134 within ten months of year-end for every foreign affiliate, because the penalty for a missed T1134 starts at $25 per day up to $2,500 per form.
- We deduct the bad debt on a foreign receivable under paragraph 20(1)(p) once collection efforts and EDC claim records show it is uncollectible, documenting the write-off in Xero; on one Mississauga exporter this removed $23,000 of income CRA would otherwise tax.
- We run multi-currency receivables in QuickBooks Online with USD, EUR and GBP customer accounts, revaluing open balances at the Bank of Canada rate each month-end so unrealized section 9 gains and losses are visible; one setup uncovered $17,000 of FX loss hidden in bank fees.
- We post every export invoice with the zero-rated HST code and domestic sales at 13%, giving the six years of records section 230 requires and a clean line 101 to line 105 trail; one cleanup found $8,200 of HST wrongly charged to US customers.
- We capture freight-forwarder, customs-broker and export-packaging invoices through Dext so the 13% input tax credit on line 108 is claimed the month it arises, because a net-refund filer bleeds cash on every missing slip; one quarter recovered $6,900.
- We book EDC receivables-insurance premiums, CanExport SMEs grant receipts and duty-drawback refunds to their own accounts in Xero, so government funding is not buried in Schedule 125 revenue and the T2 reflects the correct taxable amounts; one file corrected $50,000 of grant misclassified as sales.
- We build gross-margin reporting by destination country and customer in QuickBooks, netting freight, commissions and section 9 FX against each Schedule 125 revenue line, so you see where the real profit sits; on one exporter this revealed a European distributor priced $31,000 below landed cost.
- We set up warehouse, shipping and sales-team payroll in Wagepoint, withholding income tax, CPP and EI and remitting on the PD7A by the 15th, so a busy shipping month never triggers CRA’s 10% late-remittance penalty, which on a $12,000 remittance costs $1,200.
- We register your WSIB coverage in the warehousing and distribution rate group before the first shipper is hired and file premiums in Wagepoint reconciled to your T4 Summary, because an unregistered exporter faces retroactive assessment; one registration avoided a $14,000 back-charge.
- We structure US-based sales representatives correctly as independent contractors or employees on the T4A or W-2 side, because a dependent agent concluding contracts in the United States creates a treaty Article V permanent establishment the IRS can tax; one restructuring protected $900,000 of sales.
- We prepare and file the T4 and T4 Summary from Wagepoint records by the last day of February, and issue T4A slips for Canadian contractor commissions, avoiding the per-slip late penalty; on one exporter with 25 staff that exposure reached $2,500.
- We manage Ontario Employer Health Tax once annual payroll passes the $1,000,000 threshold, file it with the T4 Summary and reconcile to the PD7A in Wagepoint, so a growing exporter adding warehouse shifts never underpays; one review caught $3,900 of unremitted EHT.
- We code your export sales as zero-rated supplies under Schedule VI Part V of the Excise Tax Act in QuickBooks, charging 0% while keeping full input tax credit entitlement on line 108; one correction restored $27,000 of ITCs a prior bookkeeper had denied.
- We move net-refund exporters from annual or quarterly to monthly HST reporting periods under the Excise Tax Act, so the refund of line 108 ITCs on freight, packaging and inventory arrives within weeks; one Kitchener exporter recovered $61,000 of credits in the first cycle.
- We build the proof-of-export file CRA demands to support zero-rating, matching each invoice to its bill of lading, carrier record, customs document and CERS declaration, because unsupported zero-rated sales are reassessed at 13%; one file defended $400,000 of sales.
- We confirm each shipment meets the Schedule VI Part V zero-rating conditions, exported as soon as reasonable and not consumed in Canada, and flag sales to Canadian buyers who export themselves, because CRA reassesses those at 13%; one review caught $52,000 of undocumented sales.
- We register you for HST even below the $30,000 small-supplier threshold, because an exporter with zero-rated revenue only recovers ITCs as a registrant, and reconcile line 101 to T2 revenue in QuickBooks every period; one early registration returned $9,400 of credits on startup inventory.
- We set the salary-versus-dividend mix, paying enough T4 salary to build RRSP room while the balance flows as dividends, so combined tax stays near the 12.2% Ontario small-business rate under section 125; on one owner this deferred $24,000.
- We keep active income under the $500,000 Small Business Deduction limit using section 125 and plan the timing of large export orders and Schedule 8 CCA claims across year-ends in QuickBooks; on one exporter this preserved $18,000 of low-rate tax.
- We document transfer pricing under section 247 for sales to your US subsidiary or foreign distributor affiliate, setting arm’s-length margins before Form T106 is filed, because CRA’s transfer-pricing penalty is 10% of the adjustment; one study protected $600,000 of intercompany sales.
- We hedge USD receivables with forward contracts and book the section 9 gain or loss on income account, matching each hedge to its invoice in Xero so year-end revaluation does not distort profit; one program smoothed a $45,000 swing across two fiscal years.
- We plan at least two years ahead so your shares pass CRA’s 24-month asset tests and qualify for the $1.25M Lifetime Capital Gains Exemption under section 110.6 claimed on Form T657, moving passive investments out of the exporting company; one purification protected $350,000 of gain.
- We reconstruct export revenue, freight and customs costs from bank deposits, customer remittances and forwarder statements where no bookkeeping exists across your unfiled T2 years, rebuilding Schedule 125 revenue in QuickBooks so CRA cannot arbitrarily assess; one rebuild cut a $48,000 estimate.
- Late filing costs 5% of the balance owing plus 1% per month up to twelve months under subsection 162(1), so we file your oldest unfiled T2 first to stop the penalty compounding; on one exporter this limited penalties to $6,800.
- We file the missing HST returns with export sales correctly zero-rated and domestic sales at 13%, claiming the unclaimed ITCs within the four-year limit under subsection 225(4) of the Excise Tax Act; one catch-up turned a feared liability into a $33,000 refund.
- We rebuild the undepreciated capital cost pools across the unfiled years so missed CCA on Class 10 vans at 30%, Class 16 trucks, Class 8 warehouse equipment and Class 12 software is recovered on Schedule 8 in Xero; one file restored $21,000 of depreciation.
- We file the overdue Form T106 and Form T1134 slips alongside the catch-up T2s and request penalty relief on Form RC4288, because late foreign-reporting penalties under subsection 162(7) compound daily; on one exporter with a US subsidiary this waived roughly $7,500 of penalties.
- When CRA opens an HST audit, we manage the file and answer the zero-rating queries inside the deadlines from QuickBooks, producing bills of lading, customs records and CERS declarations for every sampled invoice; one review defended $400,000 of zero-rated sales.
- When CRA questions the 13% you did not charge on a sale to a Canadian customer who later exported the goods, we obtain the buyer’s export documentation and drop-shipment evidence under section 179 of the Excise Tax Act; one file protected $38,000 of tax.
- We defend your section 9 foreign-exchange treatment when CRA argues gains on USD receivables were capital rather than income, showing invoice-date rates and month-end revaluations in Xero; on one exporter this reconciled $70,000 of gains and reversed a reassessment.
- We answer transfer-pricing and T106 reviews under section 247 with contemporaneous documentation showing arm’s-length margins on sales to your US affiliate, because an adjustment without documentation carries a 10% penalty; on one review this protected $250,000 of intercompany revenue.
- We file the Notice of Objection on Form T400A within 90 days of a reassessment under subsection 165(1) and pursue taxpayer relief on Form RC4288 where a prior accountant’s error caused penalties; on one exporter this cancelled $8,700 of penalties.
- We prepare the CSRS 4200 compilation engagement financial statements, the Notice to Reader a lender requires across two fiscal years, tied to the T2, before approving the $250,000 operating line an exporter needs to bridge 60-day USD receivables.
- Your compiled statement of financial position presents foreign-currency receivables translated at the year-end rate, inventory in transit at cost and your Class 10 and Class 16 fleet at net book value on Schedule 100, giving a lender what a T2 cannot; one file unlocked $180,000.
- We build the statement of operations with export revenue, domestic revenue, freight, commissions and section 9 FX gains and losses classified consistently in QuickBooks across two years and tied to the T2, so a lender approves the facility; one set supported a $90,000 credit line.
- The CSRS 4200 communication discloses that no audit or review was performed, and without it Export Development Canada and the Business Development Bank of Canada decline the receivables financing an exporter needs against 60-day USD invoices; one NTR unlocked $150,000 of working capital.
- We deliver the CSRS 4200 compiled statements within 30 days of receiving your records and the year’s T2 figures, because an exporter’s financing collapses when a lender’s conditional offer expires; on one deal timely delivery saved a $140,000 warehouse-equipment lease.
- We incorporate your business under the Ontario Business Corporations Act, giving you limited liability against foreign-customer claims, a defined share structure and the 12.2% small-business rate on the first $500,000 under section 125, filed on your first T2 with CRA; one owner saved about $22,000.
- We complete the section 85 rollover on Form T2057, transferring your inventory, vehicles, customer contracts and goodwill into the corporation at elected amounts, deferring the capital gain and recapture CRA would tax on a straight sale; on one exporter this deferred $54,000 of tax.
- We register the corporation for HST from day one even below the $30,000 threshold, because zero-rated export sales earn full line 108 ITC recovery only as a registrant, and set monthly filing in QuickBooks; one setup returned $11,000 of credits on launch inventory.
- We open the corporation’s CRA Business Number, HST and payroll accounts within the first 30 days, obtain the CBSA export program account for CERS declarations, and close the old accounts so revenue is never reported twice; one setup prevented a $5,100 double-remittance.
- We structure the share classes and set the first fiscal year-end up to 53 weeks after incorporation under section 249.1, so dividends split among family shareholders and the first T2 balance-due date with CRA is deferred; one exporter freed $17,000 for launch stock.
- We rebuild your unreconciled export revenue from customer remittances, forwarder statements and bank deposits in QuickBooks Online, restoring the section 230 record trail CRA can test and converting each USD receipt at the invoice-date rate; on one exporter this recovered $16,000 of unrecorded FX gains.
- We reconstruct the proof-of-export file for every zero-rated sale across the missing months, matching bills of lading and CERS declarations to invoices, so CRA cannot reassess 13% on unsupported sales; one rebuild protected $210,000 of export revenue.
- We rebuild the Class 10 van at 30%, Class 16 truck, Class 8 warehouse-equipment and Class 12 software CCA pools that went unposted in Xero, capturing missed depreciation on Schedule 8; on one file this restored $13,000 of undepreciated capital cost.
- We capture the freight, customs-brokerage and packaging invoices that were never posted through Dext, claiming the 13% input tax credits on line 108 within the four-year limit under subsection 225(4); one cleanup reclaimed $12,400 of credits.
- We catch up warehouse payroll postings and reconcile the PD7A remittances, WSIB premiums and T4 wages that fell behind in Wagepoint, so the T2 and the payroll account agree; on one exporter this cleared a $4,300 remittance discrepancy before CRA assessed it.
- We assess whether your US warehouse, 3PL or Amazon FBA inventory, dependent sales agents or installation projects create a permanent establishment under treaty Article V that lets the IRS tax profits, restructuring before the 1120-F is due; one fix avoided US tax on $1.2 million.
- We file the treaty-based Form 1120-F protective return with Form 8833 by the 15th day of the fourth month after year-end, claiming your profits are not attributable to a US permanent establishment, because a late return forfeits deductions; one filing protected $800,000 of US revenue.
- We prepare the Form 1120 and Form 5472 for your US subsidiary, documenting every reportable transaction with the Canadian parent, and reconcile the results to Form T1134 on your Canadian side, because the Form 5472 penalty under section 6038A starts at $25,000 per form.
- We review state sales-tax economic nexus after Wayfair, registering in states where your remote sales cross the $100,000 or 200-transaction thresholds and configuring Avalara or TaxJar collection; one review found $46,000 of uncollected tax across three states.
- We complete Form W-8BEN-E so US customers do not withhold 30% at source, file FinCEN Form 114 where US bank balances exceed $10,000, and claim foreign tax credits on the T2 for US tax actually paid; one exporter released $9,500 held back by a customer.
- We file your Voluntary Disclosures Program application on Form RC199 under subsection 220(3.1) before CRA contacts you, because a disclosure accepted under the general program cancels penalties in full and grants 50% interest relief; on one exporter this waived $10,900.
- We disclose sales zero-rated without proof of export and domestic sales that missed the 13%, correcting the HST returns under the Excise Tax Act so the exporter regularizes without gross-negligence penalties worth up to 50% of the tax owing; one disclosure settled $41,000.
- We file the missed Form T106 and Form T1134 slips through the disclosure for related-party sales over $1,000,000 and foreign affiliates, because the late-filing penalties under subsections 162(7) and 162(10) accumulate daily; one exporter avoided roughly $12,000 of penalties.
- We include unreported section 9 foreign-exchange gains on USD receivables and hedges, rebuilding invoice-date and year-end revaluations in QuickBooks so the corrected T2 is complete and CRA cannot later reopen the same years; one submission corrected $58,000 of income.
- We confirm your Form RC199 disclosure is voluntary, complete and at least one year overdue as subsection 220(3.1) relief requires, filing before any audit letter arrives, because an exporter that comes forward after CRA makes contact loses all relief; timely filing saved one owner $8,300.
Exporter Tax & HST Check
Six quick questions on your proof-of-export file, monthly net-refund HST filing, CERS declarations, US permanent-establishment and state-nexus review, foreign-exchange revaluation and whether it is time to incorporate. No fee shown.
1. Do you keep proof of export (bills of lading, customs records) for every zero-rated sale?
2. Are you filing HST monthly so your net refund of input tax credits arrives within weeks?
3. Are CERS export declarations filed before departure for shipments of $2,000 or more to non-US destinations?
4. Has your US permanent-establishment and state sales-tax nexus exposure been reviewed?
5. Are your USD and EUR receivables revalued at year-end with FX gains and losses booked?
6. Is your export business incorporated?
Free CPA Consultation for Exporters
Case Studies: Exporter Accounting & Tax
Kitchener Industrial-Components Exporter — Zero-Rated HST & Net Refunds
The problem: A Kitchener exporter of industrial components shipping to the United States and Germany was filing HST annually, so roughly $70,000 of input tax credits on freight, packaging and inventory sat with CRA for up to a year while the company borrowed to cover cash flow. There was no proof-of-export file — bills of lading stayed with the forwarder, CERS declarations were never retained, and a CRA HST review had asked for support on $400,000 of zero-rated sales.
What we did: We elected monthly reporting to turn the company into a fast net-refund filer, built an invoice-by-invoice evidence file matching bills of lading, customs entries and CERS records to each zero-rated sale, and answered the CRA review with that file.
The result:
- $70,000 of ITCs refunded in the first monthly cycle
- $400,000 of zero-rated sales defended without adjustment
- A five-figure permanent cash-flow swing
Mississauga Consumer-Goods Exporter — Incorporation & US Nexus
The problem: A Mississauga consumer-goods exporter was running unincorporated, so strong Amazon.com margins landed on the owner’s personal return at Ontario’s top 53.53% rate. FBA inventory sat in warehouses in three US states, no US return had ever been filed, and no state sales tax was being collected — a permanent-establishment question and a growing nexus liability nobody had reviewed.
What we did: We incorporated the business and rolled inventory, listings and goodwill in under section 85, applied the $500,000 Small Business Deduction so active income is taxed near 12.2%, filed a treaty-based Form 1120-F protective return with Form 8833, and registered for sales tax in the states where FBA inventory created nexus, with TaxJar automating collection.
The result:
- Combined tax bill cut materially at the 12.2% rate
- Treaty position on record with the IRS
- State nexus registered and collecting, closing the exposure
Windsor Automotive-Parts Exporter — Multi-Currency Books & Drawback
The problem: A Windsor exporter of automotive parts to Michigan and Ohio plants was tracking USD receivables, forward-contract hedges, EDC receivables-insurance claims and duty-drawback filings in separate spreadsheets. Foreign-exchange gains and losses were invisible until year-end, drawback claims on imported steel inputs were months behind, and the CUSMA certificates of origin that let the plants clear at preferential rates were kept in an email folder nobody could search.
What we did: We rebuilt the books in QuickBooks Online with multi-currency receivables revalued monthly under section 9, matched each forward contract to its invoices, created a drawback register tying import entries to export shipments, and set up an origin-certificate and proof-of-export archive linked to each sale.
The result:
- FX gains and losses visible monthly instead of at year-end
- Drawback claims filed on schedule
- Clean, audit-ready records for HST, CUSMA and CRA
Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.
Kickoff (Document Request)
Collect prior T2 and HST returns, export invoices with bills of lading and CERS declarations, customer and currency lists, US warehouse or 3PL agreements, hedging contracts, EDC and CanExport records, payroll records, and bank statements.
First 30 Days (Cleanup & Setup)
Set up QuickBooks Online or Xero with multi-currency, code export sales zero-rated and domestic sales at 13%, elect monthly HST filing, build the proof-of-export archive, classify fleet and warehouse CCA, and configure payroll and WSIB tracking.
Monthly Close
Monthly reconciliations, receipt capture, month-end FX revaluation of USD and EUR receivables, monthly net-refund HST return with ITC support, and margin reporting by destination market.
Quarterly Planning Review
Salary and dividend mix, HST refund status, US permanent-establishment and state-nexus review, T106 threshold tracking, hedging and EDC coverage, and drawback claims.
Year-End Close & T2 Filing
Trial balance, financial statements with year-end FX revaluation, T2 with GIFI, T106 and T1134 where required, 1120-F protective return, and CRA preparation.
Get Your Export Business Taxes Done Right Today
Affordable Pricing for Exporters
We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.
- Tax Preparation (Corporation) — From $400
- Tax Return Filing (Corporation) — From $400
- Tax Compliance Audit — FREE CRA audit support for our clients
- Tax Strategy — FREE for our clients
- Accounting Base Plan — From $100 per month
- Bookkeeping Management — Free for our Accounting clients
- Financial Reporting — Free for our Accounting clients
- Business Formation — Flat $35
- Incorporation Process — Flat $35
- Entity Setup Assistance — Flat $35
- Full-Service Payroll — From $125 per month
Payment is by Interac e-Transfer to info@gondaliyacpa.ca only. Security question: Not Applicable, as auto-deposit is enabled.
Meet Your Lead Exporter Accountant
Meet your lead exporter accountant. As your cross-border and corporate tax adviser, you deal with the same two people every year.
What Our Clients Say
1300+ five-star reviews from exporters and cross-border business owners across Ontario and Canada.
Serving Exporters Across Ontario
Our CPA team provides specialized accounting and tax solutions for exporters throughout Ontario. We understand how zero-rated HST and net refunds, proof of export and CERS declarations, foreign-currency receivables, US permanent-establishment and state-nexus rules and T106 and T1134 reporting actually flow through an export business, what CRA looks at on a cross-border file, and how to keep your refund and your treaty position secure.
Toronto (ON)
55 Queen St E Ste 1205, Toronto, ON M5C 1R6, Canada
+1 (647) 212-9559
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Mississauga (ON)
5373 Bullrush Dr, Mississauga, ON, Canada
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Brampton (ON)
4 Starhill Crescent, Brampton, ON L6R 2P9, Canada
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Scarborough (ON)
24 Clementine Square, Scarborough, ON M1G 2V7, Canada
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Vaughan (ON)
19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada
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Oshawa (ON)
210 Durham St, Oshawa, ON L1J 5R3, Canada
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Ottawa (ON)
2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada
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Etobicoke (ON)
60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada
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Hamilton (ON)
70 Starling Dr, Hamilton, ON L9A 0C5, Canada
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Guelph (ON)
1155 Gordon St, Guelph, ON N1L 1S8, Canada
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Windsor (ON)
4387 Guppy Ct, Windsor, ON N9G 2N8, Canada
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North York (ON)
150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada
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Exporter Accounting & Tax FAQs
Related Industries We Serve
Importers
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- Corporate tax planning and bookkeeping
Distributors
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Small Businesses
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Incorporated Businesses
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