provincial sales tax: Sales Tax Rates Across Canada - Effective January 1, 2012 - 11/27/11 12:59 PM
Sales Tax Rates Across Canada - Effective January 1, 2012
The chart below shows the sales tax rates that will be in effect in Canada as of January 1, 2012.  Note that sales tax rates are subject to change in the future.
GST = Goods and Services Tax
HST = Harmonized and Services Tax
QST = Quebec Sales Tax
PST = Provincial Sales Tax
NOTE 1: The Québec Sales Tax increased from 8.5% to 9.5% effective January 1, 2012.
NOTE 2: QST is applied on the total of the selling price PLUS GST. Thus, it is a tax on tax.
NOTE … (0 comments)

provincial sales tax: Do I pay 5% sales tax or 12% sales tax on my real estate commission? - 08/27/11 02:45 AM
Do I pay 5% sales tax or 12% sales tax on my real estate commission?
This is a very good question for purchasers of real estate in British Columbia. 
On August 26, 2011, the British Columbia government announced the results of the referendum held to determine whether the 12% HST should be kept or whether BC should move back to the 5% GST and 7% BC PST.  The voters decided to scrap the 12% HST.
The BC and federal governments need to determine the conversion date that the HST will be cancelled and the GST / PST will be re-introduced.  In … (1 comments)

provincial sales tax: What are the Transitional Rules from British Columbia HST to GST / PST as a result of the Referendum? - 08/27/11 02:24 AM
What are the Transitional Rules from British Columbia HST to GST / PST as a result of the Referendum?
British Columbia will be removing the 12% HST, which had been implemented on July 1, 2010, and moving back to the previously existing GST / PST system which existed prior to July 1, 2010.  This change is due to the referendum which was held during the summer of 2010.  Referendum results were announced on August 26, 2011.
Transitional rules relating to the conversion from the harmonized sales tax ("HST") to the goods and services tax ("GST") and provincial sales tax ("PST") sytems … (3 comments)

provincial sales tax: British Columbia votes to scrap the HST (Harmonized Sales Tax) - 08/27/11 02:05 AM
British Columbia votes to scrap the HST (Harmonized Sales Tax)
On August 26, 2011, British Columbia election officials announced the results of the summer 2011 HST referendum.
British Columbia residents have voted to scrap the 12% harmonized sales tax ("HST") which had become effective on July 1, 2010.  The HST was applicable on most goods and services sold in BC.
On July 1, 2010, the HST had replaced the previously existing system of 5% federal GST which applied on most goods and services and the 7% provincial sales tax (PST, also known as the social services tax) which applied to a … (4 comments)

provincial sales tax: Sales Tax Rates Across Canada - Effective July 1, 2010 - 07/01/10 04:36 PM
Sales Tax Rates Across Canada - Effective July 1, 2010
On July 1, 2010, several changes were made to sales tax systems and sales tax rates in several Canadian provinces.  The chart below shows the sales tax rates in effect as of July 1, 2010.  Note that sales tax rates are subject to change in the future.
GST = Goods and Services Tax
HST = Harmonized and Services Tax
QST = Quebec Sales Tax
PST = Provincial Sales Tax
NOTE 1: The Québec government has announced that the QST rate will increase from 7.5% to 8.5% effective January 1, 2011 and … (10 comments)