It is well known that a GST/HST-registered person can purchase certain types of commercial real property without paying GST/HST to the vendor. Under subsection 221(2) of the Excise Tax Act (Canada) ...
Every business in Canada with gross revenues greater than $30,000 must register for a goods and services tax number (GST), according to the Canada Revenue Agency, the national taxing agency. The ...
Most entrepreneurs eventually reach a point where they need to start charging the goods and services tax (GST) or the harmonized sales tax (HST). But which one? And when should they begin? Here are a ...
Ensuring you are complying with all your tax reporting requirements can be challenging at the best of times, but it can seem even more difficult when the rules — and your business — are constantly ...
It’s been 27 years since Canada introduced the Goods and Services Tax (GST) and after all this time people are still trying to figure out when and how to charge, collect, file, and pay it. The ...
Notification of an impending GST/HST audit is often received with trepidation, given the complexity of the rules and the ease with which an error can occur. More than ...