1. There will be 12% HST on the sale of all goods and services after July 1, 2010.
Under the proposed rules, HST will apply to sales of goods where ownership and delivery are transferred to the purchaser on or after July 1, 2010. If either ownership or delivery of the goods occurs before July 1, [...]
HST vital to sustaining economic prosperity in BC
The BC government intends to harmonize the provincial sales tax (PST) with the federal GST, effective July 1, 2010. This will result in the elimination of the PST and the establishment of a new, single harmonized sales tax (HST) initially set at a rate of 12%.
The business associations listed at [...]
The announcement by the CRA that businesses that fall over a threshold must electronically file their HST returns is a long time coming. From the government’s perspective I can’t understand why they didn’t do this earlier in order to get their information and payments earlier similar to personal taxpayers e-filing their income tax returns. The [...]