WEB-SRM: ARQ is keeping you informed!

As you already know, a digital shift is underway at Revenu Québec with the implementation of the WEB-SRM, which will replace the physical SRM starting this fall.

As of November 2023, new establishments opening their doors to the public will be required to record their sales using the WEB-SRM and they must have the compatible equipment to do so. Establishments that are already in operation will have a transition period until June 1, 2025, by which time they must also have implemented the WEB version. A major new feature is that street trucks will now also be subject to taxation, according to the same installation schedule.

The new technology will consist of the following equipment:

- A certified sales recording system (SRS) that will collect transaction data and transmit it to a cloud environment in real time;

- A cloud-based environment to validate and store data before securely transmitting it to Revenu Québec;

- A computer system that integrates data from the WEB-SRM into an information environment held by Revenu Québec, meaning no more paper or digital reports!

Invoices will still be issued after each transaction, but operators will have the option of choosing whether to issue them in print or digital format.

Any operators who have acquired and activated a new (physical) SRM in the two years preceding the transition period may be eligible for a fixed amount of monetary compensation. A recovery program for physical SRMs has also been devised to promote ecoresponsible recovery and the secure destruction of any confidential information contained on these devices.

AT

IS

WITH THE IMPLEMENTATION OF THE WEB-SRM, WHICH WILL REPLACE THE PHYSICAL SRM STARTING THIS FALL.

Stay tuned for further communications from Revenu Québec in September for information on the next steps.