Questions to ask your accountant, tax advisor or the Canada Revenue Agency:

• Am I required to become a goods and services tax (GST) registrant and to collect and remit GST for the revenue attributed to my project?
• How do I become a GST registrant?
• What are the costs associated with becoming a GST registrant?
• What can I expect in terms of timing to obtain a GST registration number?
• How do I remit GST?
• Am I required to declare the revenue paid to me under the microFIT contract as income? Personal income or business income? 
• What deductions am I entitled to if I must declare the income?

Questions to ask your Municipality:

Will my microFIT project affect my property taxes? If so, how?