Posts Tagged ‘Sales Tax’
It’s been 79 days since harmonized sales tax was implemented in Ontario Canada and the conversation seems to have died.
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Happy Canada Day Everyone. Today you’re getting a gift from your government – harmonized sales tax. For some HST is considered a special gift but for many more Ontario residents HST is a gift they would rather return.
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When HST begins you will pay more sales tax on many goods and services in Ontario. That is a fact.
Here is another fact: Some purchases will see a tax decrease when HST launches in Ontario. Surprised? So were we.
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PST or provincial sales tax is a sales tax that is active in almost all Canadian provinces. The only provinces in Canada that do not have PST are Alberta, Nova Scotia, New Brunswick and Newfoundland.
Nova Scotia, New Brunswick and Newfoundland have already replaced their PST with a harmonized sales tax. A similar HST is coming to Ontario and British Columbia in July 2010.
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In Canada the goods and services tax, commonly called GST, is a sales tax introduced by Prime Minister Brian Mulroney in January 1991. It was created to replace an existing but hidden tax in Canada called MST or manufacturers sale tax.
GST in Canada is a value added sales tax that is considered a multi level tax. Like the upcoming harmonized sales tax, there are occasional exemptions from GST. If you’re looking for a list of HST exemptions please read our Ontario HST exemptions article.
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Introducing HST Ontario,
Harmonized sales tax is coming to Ontario Canada and HST Ontario is here to prepare you. Get ready for HST in Ontario with our guide for all things HST.
Explore HSTOntario.com and you’ll find lists of HST exemptions, items subject to HST, ongoing coverage of the HST debate and much more.
Harmonized Sales Tax is coming to Ontario Canada in July 2010 – Get informed!
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