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In Canada it is the registrants who collect GST/HST from the people to whom they provide their goods and services. Depending on their filing frequency of thier GST/HST returns (monthly, quarterly or annually), they indicate the amount of GST/HST that they have collected as well as the GST/HST that they paid as inputs to their commercial activity (input tax credits). The input tax credits are deducted from the GST/HST collected and the balance (positive or negative) becomes their net tax. They then either remit (if a positive amount) or claim their "refund" (negative amount). The government doesn't actually "collect" the tax, they receive it from their tax collectors...the GST/HST registrants.
HST paid goes on the credit side or expenses on the balance sheet
hst
Indians are tax exempt on the provincial portion of the HST (8%) when they present their tax status card. For more details on this follow this link to the government communique about Indian tax status in regards to the HST: http://www.rev.gov.on.ca/en/taxchange/firstnations.html
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In Canada it is the registrants who collect GST/HST from the people to whom they provide their goods and services. Depending on their filing frequency of thier GST/HST returns (monthly, quarterly or annually), they indicate the amount of GST/HST that they have collected as well as the GST/HST that they paid as inputs to their commercial activity (input tax credits). The input tax credits are deducted from the GST/HST collected and the balance (positive or negative) becomes their net tax. They then either remit (if a positive amount) or claim their "refund" (negative amount). The government doesn't actually "collect" the tax, they receive it from their tax collectors...the GST/HST registrants.
1975 - 1982 Was The Build Date Of The HST
the hst is in space....
Is hst included in mileage reimbursement
1 PM HST. 5 hours difference between East Coast & HST right now.
The HST was only launched once, in 1990 .
difference between Range Rover HSE / HST
Yes, it is.
hst
It is 13%
HST paid goes on the credit side or expenses on the balance sheet
The HST is a consumption tax that applies to a wide range of goods and services, and it typically imposes a uniform rate on everyone, regardless of their income level. The social disadvantage arises because consumption taxes like the HST tend to place a proportionately higher burden on lower-income individuals and families. This is because those with lower incomes spend a larger portion of their earnings on goods and services subject to the tax, whereas higher-income individuals can save or invest more of their income, reducing the percentage of their income that goes towards taxed consumption. As a result, the HST can contribute to income inequality by disproportionately affecting those who can least afford it. This can exacerbate social and economic disparities by reducing the purchasing power of low-income households and potentially widening the wealth gap in society. To mitigate this disadvantage, policymakers may implement measures such as exemptions, rebates, or targeted credits to lessen the impact of consumption taxes on vulnerable populations.