Metaguest.AI Announces CRA Review of Payroll Remittances
Rhea-AI Summary
Metaguest.AI (OTCQB: MGSTF) disclosed that the Canada Revenue Agency conducted a review of payroll remittances for 2024 and 2025.
The company said the review resulted in an amount owing of approximately $536,000 including interest and penalties, of which about $112,000 has been satisfied via applied CRA refunds. Metaguest says it is current on ongoing remittances and is working with the CRA to arrange payment for the remaining balance; estimates are reflected in financial records and may be updated as new information emerges.
Positive
- Applied CRA refunds of $112,000 against the balance
- Company reports being current with ongoing payroll remittances
Negative
- Payroll remittance liability of approximately $536,000 including interest and penalties
- Amounts relate to historical payroll remittances for 2024 and 2025
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - March 9, 2026) - Metaguest.AI Incorporated (CSE: METG) (OTCQB: MGSTF) ("Metaguest" or the "Company") an AI technology company transforming the hospitality sector through intelligent guest engagement, announces that the Canada Revenue Agency ("CRA") has conducted a review of the Company's payroll remittances covering the 2024 and 2025 taxation years.
Following the review, the Company has been advised that the amount owing is approximately
The Company further notes that the amounts relate to historical payroll remittances and confirms that it is current with its ongoing payroll remittances.
The Company is working cooperatively with the CRA to resolve the matter and expects to establish appropriate arrangements with respect to the remaining balance. The Company continues to operate its business in the normal course.
The Company has reflected its best estimate of amounts owing in its financial records and will update such estimates as additional information becomes available.
About Metaguest.AI Incorporated
Metaguest.AI is a next-generation technology company focused on enhancing the guest experience through advanced AI solutions. Its flagship platform provides an end-to-end guest engagement ecosystem, covering everything from pre-arrival to post-departure. Features include on-property e-commerce with digital payments, real-time service requests, mobile check-out, personalized in-room controls, local experience and event bookings, and a multilingual virtual concierge-all accessible without downloading an app or visiting a website. Hotels, resorts, and short-term rental operators use Metaguest to boost efficiency, drive incremental revenue, and elevate customer satisfaction.
For more information about Metaguest and its innovative digital concierge services, please visit http://www.metaguest.ai or please contact:
Colin Keddy, Director
Email: colin@metaguest.ai
Tel: 613-907-9159
Robert Lelovic, Chief Financial Officer
Email: robert@metaguest.ai
Tel: 416-302-0779
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287754