Sentences with phrase «provincial sales tax»

A similar use of the power will be needed if the Conservatives are serious about harmonizing provincial sales taxes with the GST.»
Harmonization would shift some $ 7.5 billion annually of provincial sales tax from business purchases onto consumer purchases.
Targeted measures, such as accelerated depreciation and / or an investment tax credit, would provide far more incentive for such investment at much less cost. All capital investments could be exempted from provincial sales taxes at an annual cost below $ 2 billion.
Meanwhile in Canada the Quebec Liberal government announced in its budget Tuesday that it would put provincial sales tax on Netflix and any purchases from Amazon.
Quebec Liberal government announced in its budget Tuesday that it would put provincial sales tax on Netflix and any purchases from Amazon.
The implementation of the Harmonized Sales Tax (HST) in Ontario in mid-2010 means that our defence counsel costs (which were previously exempt from eight per cent provincial sales tax) for all unresolved claims (even those reported prior to 2010) jumped eight per cent automatically.
On June 30, the last day the old provincial sales tax remained in effect, a coalition fronted by former Social Credit premier Bill Vander Zalm presented a petition of 557,383 valid signatures to the province's chief electoral officer, which forces a bill abolishing the HST to be either voted on in the legislature or put to a referendum.
For example, Alberta has no additional provincial sales tax, so you only pay 5 % total.
Therefore, provincial sales taxes do not place Canada at a competitive disadvantage.
When the GST came into effect, provincial governments (excepting Alberta, which has no Provincial Sales Tax) had to decide how to manage the relationship between the federal sales tax (GST) and their own provincial sales taxes.
Unfortunately not all provinces signed on to merge their existing provincial sales tax regimes with the GST, forcing business owners to file both GST and Provincial Sales Tax (PST) returns.
In Ontario, where provincial sales tax ticks in at 8 %, that means your tax bill is $ 800 — and therefore you only qualify for $ 800 of rebate.
Christie is most noteworthy for a 2005 court challenge of a British Columbia law that extended provincial sales tax to legal services.
May 2000 — Realtors in Saskatchewan are hit with a new provincial sales tax on real estate commissions.
R v. Husky Oil Operations Limited, 2014 SKQB 116 — Lead trial counsel in a successful multi-week trial to a number of well servicing contractors in a long - standing industry - wide dispute involving the applicability of provincial sales tax.
In March, B.C.'s New Democrat government offered new conditions and tax incentives for the province's liquefied natural gas projects, including relief from provincial sales taxes, subject to repayment in the form of an equivalent operational payment.
«Ontarians can expect to pay a harmonized sales tax (HST) rate of 13 per cent on a long list of goods and services that were previously exempt from the eight per cent provincial sales tax (PST).
It was promised earlier and delivered today: As of December 1, there is no 8 % provincial sales tax on helmets, safety gear and bikes under $ 1,000 in the Province of Ontario, Canada.
Plus, the absence of a provincial sales tax may leave more room for retailers» margins.
Notley also slammed the B.C. government for a plan to offer tax incentives, including relief from the provincial sales tax, for construction of liquefied natural gas projects.
The province's 8.5 % provincial sales tax was combined with the GST.
Advertisements by the pro-HST side, for example, offer up accountants testifying to the job - creating benefits of the harmonized federal - provincial levy over the alternative specified in the referendum question, a reintroduction of the 7 % provincial sales tax — hardly the sort of stirring campaign rhetoric likely to rally a silent majority to its side.
In 1990, the federal government under Brian Mulroney struck a deal with the government of Quebec Liberal premier Robert Bourassa that, two years later, saw the province become the first in the country to harmonize its provincial sales tax with the then - new federal Goods and Services Tax (GST).
The Quebec government has vowed to enact a similar measure beginning next year and put a provincial sales tax on Netflix and any purchases from Amazon.
Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.
There's also no provincial sales tax.
Martin long argued for Ontario to harmonize its provincial sales tax with the GST and lower corporate tax rates.
(Note for non-Canadians: the Harmonised Sales Tax replaces a provincial sales tax with a VAT collected in conjunction with the federal VAT).
Instead of saving, Alberta governments have put resource royalties towards financing the so - called Alberta Advantage, part of which included a flat 10 percent personal income tax rate and no provincial sales tax.
The provincial sales taxes that generally apply to business inputs largely exempt machinery and equipment, the type of investment most strongly associated with improved productivity.
«We were particularly encouraged to see fiscal discipline in light of the continued economic uncertainty seen elsewhere in Canada and the world, the establishment of a commission on tax competitiveness to evaluate current taxation instruments like the provincial sales tax, and proposed changes to the property transfer tax to start addressing housing affordability by increasing the exemption threshold and introducing a third tax rate on higher - valued properties.»
While falling oil prices spurred discussion of a provincial sales tax to help plug the hole in the province's royalty revenues, Alberta needs to consider more consequential measures.
The beneficiary of all that tax money is the federal treasury, as well as provincial treasuries where the GST has been harmonized with provincial sales tax.
Scant weeks after the people of British Columbia, in a magnificent fit of self - destructive fury, voted to unharmonize their provincial sales tax from the now - misnamed Harmonized Sales Tax, word came that talks between Ottawa and Quebec on a plan to compensate the province for harmonizing its own tax were at an impasse.
The package would also see a portion of the revenue used to reduce the provincial sales tax (PST), helping citizens and businesses adjust.
There is a long - standing dispute between the federal government and the province of Quebec over compensation for harmonizing the provincial sales tax with the federal Goods and Services Tax.
The latest budget contained two of the election promises: potential reimbursement to the province of Quebec for costs associated with the potential harmonization of the provincial sales tax with the GST and the phase - out of political subsidies.
Initially only Québec agreed to merge its provincial sales tax with the federal sales tax.
Following the introduction of the GST, the federal government continued discussions on its original proposal with several provinces with the aim of harmonizing the GST with the provincial sales taxes.
The province of Alberta and the Northwest Territories, Nunavit, and the Yukon have no provincial sales tax so only GST is charged.
February opened with a list of academics and former politicians calling for a provincial sales tax (PST) in Alberta.
Albertans need to have a serious conversation about revenue and taxation, including the potential introduction of a provincial sales tax.
Similar to Ralph Klein's approach on a provincial sales tax, Kenney wants Albertans to determine their own economic future in a democratic fashion.
Alberta would still have a significant advantage over our prairie neighbours, as we have vast oil and gas deposits, low personal income tax, and no provincial sales tax.
A year ago, the NDP government cut the provincial sales tax (PST) from 7 % to 5 %.
While conservatives preach doom and gloom, our province still has corporate and personal tax rates lower than when Ralph Klein was premier, no provincial sales tax, and huge reserves of oil and gas.
Their recent budget confirmed that they would be using the carbon tax to balance their books; which effectively transformed it into a provincial sales tax.
Meanwhile, starting today, the B.C. Liberals have eliminated the provincial sales tax rebate for energy - saving appliances, making families pay more for sustainable choices.
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