Tuesday, April 5, 2016

GST

A post from our student Mark MacKenzie that is worth re-posting, in regards to HST (harmonized sales tax):

  Ireceived the following in an email from a tax office in BC ( maybe not applicable in NS? PST vs HST?)

Thank you for your inquiry.

Provincial sales tax (PST) applies to sales and leases of tangible personal property (TPP), software, related services, legal services, telecommunication services, and accommodation.

The purchase of taxable TPP (goods) is subject to PST at a rate of seven percent.

Related services are services provided in BC to goods, such as repair, adjustment, restoration, reconditioning, refinishing and maintenance services, and services provided to install goods.

Services provided to an individual, such as osteopathy services, are not subject to PST.

No comments:

Post a Comment