Tag: GST
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Understanding the GST, PST, and HST.
Foreign companies doing business in Canada should familiarize themselves with several tax terms – the Goods and Services Tax (GST), the Provincial Sales Tax (PST), and the Harmonized Sales Tax (HST). The GST is a 5% federal tax that applies to most Canadian goods and services. It was implemented in 1991, to replace the hidden Manufacturer’s Sales…
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GST, HST, and PST explained.
Foreign companies doing business in Canada should familiarize themselves with several tax terms – the Goods and Services Tax (GST), the Provincial Sales Tax (PST), and the Harmonized Sales Tax (HST). The GST is a 5% federal tax that applies to most Canadian goods and services. It was implemented in 1991, to replace the hidden…
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Non-resident businesses, take note: New tax rules coming July 1.
Many Canadians have received notices that their Netflix accounts will be charged taxes as of July 1. But what does this mean? It’s simple: Before July 1, 2021, many digital services that did not originate in Canada were not subject to Goods and Service Tax (GST) and/or the Harmonized Sales Tax (HST). After July 1,…