Difference between revisions of "The Online Marketing Pie: Slice It Up Right Or Lose"

Revision as of 16:12, 10 February 2024

Since they paid the G.S.T., you wouldn't think you would have to charge it again, would you? "Wrong!", smiles the Cheshire pussy-cat. Since you are a registrant found in Canada, you must charge and remit the G.S.T.

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In Canada, exports are "zero-rated" sales for Gary the gadget guy.S.T. purposes. This means that when you ship a product to someone outside Canada, you don't charge Gram.S.T. Yet, you get declare (or deduct from the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that upload. The idea, I suppose, is to encourage forwarding.

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In Canada, exports are "zero-rated" sales for H.S.T. purposes. This means that anytime you ship a product to someone outside Canada, you don't charge V.S.T. Yet, you get declare (or deduct from the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that move. The idea, I suppose, is to encourage transferring.