Provincial sales taxes
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Provincial sales taxes report of a survey of retail sales taxes in Canada. by John Fitzgerald Due

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Published by Canadian Tax Foundation in Toronto .
Written in English


  • Sales tax -- Canada.

Book details:

Edition Notes

Bound with: no. 6, 8-9.

SeriesCanadian tax papers -- 7
ContributionsCanadian Tax Foundation.
LC ClassificationsHJ5715.C2 D82
The Physical Object
Pagination231 p. ;
Number of Pages231
ID Numbers
Open LibraryOL17245004M

Download Provincial sales taxes


  Go to the Sales Tax menu, then select Manage Sales Tax. On the Manage Sales Tax window, select Change Tax Setup. On the Sales Tax Setup Wizard window, select Add the provincial sales tax for a different province, then choose Finish. Check off the province you want to create taxes for, then choose OK. The tax code and associated Tax Agency will be created.   Canada provincial sales taxes (PST), which vary by province, and a 5% federal goods and services tax (GST). Some provinces use a harmonized sales tax (HST), which combines their provincial rate with the GST. Businesses should register as a provincial sales tax vendor with each of the provinces where they will be doing business, then collect and. Provincial Sales Tax (PST) impact on trade-ins. Effective Ap the trade-in allowance has been restored for all vehicles whether purchased new or used. PST is calculated on the purchase price or the Red Book value minus any trade-in allowance. Provincial Sales Tax (PST) is a 6% sales tax that applies to the purchase, rental, or importation of taxable goods and services for consumption or use in Saskatchewan.

Include Sales Tax in Your Sale. Add the sales price of the product or service you sold to the total sales tax you charged your customer. For example, assume your small business sold a $ product and charged 10 percent sales tax, or $20, which consists of state, county and city taxes. The easiest way to file and pay PST is using our online service eTaxBC. Provincial sales tax (PST) is a retail sales tax that applies when a taxable good or service is purchased, acquired or brought into B.C., unless a specific exemption applies. The PST generally applies to: The purchase or lease of new and used goods in B.C. Overview of Sales Taxes. Customers must be charged a sales tax on some sales transactions if the seller has nexus in the territory of the government entity that charges the tax. Nexus is the concept that you are doing business in an area if you have a place of business there, use your own vehicles to transport goods to customers, or (in some cases) have employees situated or living there. 14 rows  Provincial sales taxes (PST), levied by the provinces. Goods and Services Tax .

The Harmonized Sales Tax (HST) is a value added tax that combines the provincial sales tax with the federal Goods and Services Tax (GST), to create a single, federally administered HST. Most goods and services supplied in Newfoundland and Labrador are subject to the Harmonized Sales Tax (HST). The Retail Sales Tax (RST) is a tax applied to the retail sale or rental of most goods and certain services in Manitoba. The tax is calculated on the selling price, before the GST (Good and Services Tax) is applied. The general sales tax rate is 7%. Electricity and Piped Gas. Interjurisdictional Motor Carriers. International Registration Plan (IRP). The provincial sales tax (PST) levied by the provinces, sometimes called the retail sales tax The value-added Harmonized Sales Tax (HST), a single blended combination of the GST and PST The HST is collected by the Canada Revenue Agency, which then remits the appropriate amounts to the participating : Susan Munroe. If you operate in the following provinces, you need to collect 5% GST as well as provincial sales tax, with provincial sales tax rates as follows: British Columbia: 7% provincial sales tax (PST) on retail price only Manitoba: 7% retail sales tax (RST) on retail price .