MEV SEPTEMBER 2010 ARE YOU READY?

Revenue Quebec Introduces Mandatory Billing in the Restaurant Sector (MEV)
As of September 2010, all restaurateurs will be obligated to provide bills to their patrons. The obligation to produce bills via a sales recording module (SRM) will be implemented progressively from September 2010 to November 2011. This is a government initiative aimed at countering tax evasion in the restaurant sector.

Installations will begin first in new restaurants and in establishments whose restaurateurs have failed to fulfill certain tax obligations. Beginning November 1, 2011, all restaurants registered for the QST will have to use a module.

Targeted sector
Revenu Québec is taking action in all sectors of economic activity in which tax evasion prevails, targeting businesses and individuals alike. The restaurant sector is being targeted because it is a sector of economic activity in which tax losses are significant despite major efforts to counter tax evasion.

This sector of economic activity is very conducive to tax evasion.
- It is the sector where the use of zappers is most common.
- A high number of transactions are paid in cash and the amounts of these transactions are often substantial.
- Tax evasion may be committed without the knowledge of employees or clients.

Revenu Québec estimates tax losses to be $417 million dollars for 2007-2008. These losses include approximately $133 million in QST collected by restaurateurs, but not remitted to Revenu Québec, and approximately $84 million in GST.

Products to Be Made Compatible with the Sales Recording Module
Poiint-of-sale system developers and cash register manufacturers for the restaurant sector in Québec must adapt their products to make them compatible with the sales recording module (SRM).

AM/PM Product Registered with Revenu Quebec:
SpeedLine Solutions V6.1
Squirrel Systems V1.5/6.0
U-POS