Tag: PST
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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…