Provincial Sales Tax Frequently Asked Questions - Province Of British Columbia
British Columbians happy with HST demise, uncertain about tax future
Provincial Sales Tax Frequently Asked Questions - Province Of British Columbia. Yes, all vendors being awarded a contract with the province valued at $100,000 or more (including all fees, expenses and options to extend or renew), regardless of whether they pay or collect tax, are required to obtain a tax verification letter. However, there are some provinces that still have pst:
British Columbians happy with HST demise, uncertain about tax future
The bc pst is a provincial retail sales tax that is charged at the time that taxable services, goods, or computer software are purchased for personal use. The general pst rate in british columbia is 7%. Our tax alert is not intended to cover all of the miscellaneous changes from the spring provincial budgets for each province, however our coverage of those changes can be found here. However, there are some provinces that still have pst: You must pay sales tax, such as provincial sales tax, motor fuel tax, carbon tax and tobacco tax when you purchase or lease goods and services in b.c. This tax alert sets out provincial sales tax (pst) updates released by the provinces of saskatchewan and british columbia (bc) over the last few months. British columbia status indians may claim an exemption from paying the five per cent goods and services tax (gst) and from the seven per cent british columbia provincial sales tax (pst) when the goods are delivered to the reserve by vendors or their agents (e.g., a common carrier or the postal service). The following is a list of pst rates that are charged on goods and services. Alberta does not have a provincial sales tax. See our pst forms and exemption certificates.
Ontario and british columbia plan to switch to the hst as of july 1, 2010. Entities that do not have a tax obligation will be issued a tax verification letter. There are some exemptions to the pst bc. The following publications will help answer your questions about the provincial sales tax (pst). Ontario and british columbia plan to switch to the hst as of july 1, 2010. And in some cases on goods brought into b.c. There is a separate 7% provincial sales tax (pst) and a 5% general federal goods and services tax (gst) in british columbia, canada’s second largest province by population. Enter the total of the net tax due on sales and leases (box d) plus the tax due on purchases and leases (box f). It remains an open issue as to whether british columbia (or any of the canadian provinces that continue to administer their own sales tax) have the constitutional jurisdiction to impose any of these registration and reporting requirements on persons outside their province who do not otherwise carry on business in their territory. The bc pst is a provincial retail sales tax that is charged at the time that taxable services, goods, or computer software are purchased for personal use. Pst is separate and in addition to the gst.