Difference between revisions of "Your Guide On Choosing A Credit Card To Suit You"

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In Canada, exports are "zero-rated" sales for Grams.S.T. purposes. This means that when you ship a service to someone outside Canada, you don't charge He.S.T. Yet, you get to claim (or deduct away 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 foreign trade. The idea, I suppose, is to encourage conveying.

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As one example, consider digitized products which you might sell from a Canadian website, such as e-books, downloadable software, or subscriptions to content. You'll be believed to be selling "intangible personal property". Unless your device is also considered "intellectual property" (such as software or e-books that produced or have obtained the rights for), you'll be getting to charge G.S.T. The explanation for why, based on the Canada Revenue Agency, is that barefoot running COULD double inside Canada, even can isn't.