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Topic: Sales taxes in Canada


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Tax

In the News (Wed 26 Nov 14)

  
  Taxes & Tariffs
But it is the job of Finance Canada to help the federal government decide who gets taxed, how and how much.
The major taxes are personal and corporate income tax and sales taxes.
So stay with Finance Canada if your interest is tax policy or go to the CRA for information related to tax collection.
www.fin.gc.ca /access/taxe.html   (355 words)

  
  Sales tax - Wikipedia, the free encyclopedia
A sales tax is a tax on consumption.
For example, sales tax in Chicago is 9%, consisting of 5% state, 2.25% city, 0.75% county and 1% regional transportation authority and that in Baton Rouge, Louisiana is 9%, consisting of 4% state and 5% local rate 1.
Sales taxes are generally regressive, that is, poorer people tend to pay a greater percentage of their income in sales tax than richer people, because they tend to spend a far higher percentage of their income.
en.wikipedia.org /wiki/Sales_tax   (413 words)

  
 Sales taxes in Canada - Wikipedia, the free encyclopedia
In Canada there are three types of sales taxes: provincial sales taxes, the federal GST and the HST in Atlantic Canada.
Under Brian Mulroney's government in the early 1990s a federal sales tax, the Goods and Services Tax (GST) was introduced.
These provinces thus have the Harmonized Sales Tax or HST, a 15% tax that replaces both the local PSTs and the GST.
en.wikipedia.org /wiki/Sales_taxes_in_Canada   (368 words)

  
 ipedia.com: Taxation in Canada Article   (Site not responding. Last check: 2007-10-22)
Canada 's taxation rate is about average among OECD countries, but it is significantly higher than the rate in the United States, the country with which Canada usually compares itself.
Canada's taxation rate is about average among OECD countries, but it is significantly higher than the rate in the United States, the country with which Canada usually compares itself.
Income taxes throughout Canada taxes are progressive with the wealthy paying a higher percentage than the poor.
www.ipedia.com /taxation_in_canada.html   (641 words)

  
 State sales taxes now can cut your IRS bill   (Site not responding. Last check: 2007-10-22)
The sales tax deduction, a popular tax break that lawmakers reinstated in 2004, is still around to claim on this year's tax returns.
While you can claim sales taxes on 2005 returns filed this year, it's not clear whether any sales taxes you pay in 2006 will be deductible next tax season.
The sales tax deduction will be available to filers who choose to itemize their expenses on Schedule A. And they will have two ways to determine just how big their sales tax deduction will be.
www.bankrate.com /brm/itax/20041012b1.asp   (847 words)

  
 Tax Sale   (Site not responding. Last check: 2007-10-22)
With regards to this pragraph: "Sales taxes are generally regressive, that is, poorer people tend to pay a greater percentage of their income in sales tax than richer people, because they tend to spend a far higher percentage of their income.
The first attempt at creating a harmonized sales tax was in Saskatchewan shortly after the GST was introduced in 1991.
To make this new tax more palatable to the public, the provinces agreed to lower and harmonize and lower their sales tax rates to eight percent.
www.wwwtln.com /finance/176/tax-sale.html   (1218 words)

  
 FAQ
In most of Canada provincial sales tax is levied on all purchases.
Sales taxes in Canada vary by province and range from 5 to 12 percent.
In addition to the provincial sales tax, a national goods and services tax (GST) is charged on most goods and services.
www.bluedtravel.com /cafaq/4/popitem.aspx   (450 words)

  
 VIA Rail Canada / Canadian Sales Taxes   (Site not responding. Last check: 2007-10-22)
In Canada, sales taxes are added to the cost of most purchases of goods and services.
In most provinces, a provincial sales tax of between 6% and 10% (PST) is also added to the cost of various goods and services.
In Newfoundland and Labrador, Nova Scotia, New Brunswick, the national and provincial sales taxes have been replaced by a harmonized tax of 14% known as HST in English, and TVH in French.
www.viarail.ca /planner/en_plan_ncan_taxe.html   (417 words)

  
 Canada Travel - Tips & FAQs - GolfCanada.com
Canada is a golfer’s paradise with more than 2,000 courses from coast-to-coast, most of them within 160 kilometers (100 miles) of the U.S. border.
Canada is served by daily direct flights from all major cities in the U.S., Europe and Asia.
Canada is a safe and friendly country to travel in with children.
www.golfcanada.com /travel-tips.htm   (1955 words)

  
 Canada Tax   (Site not responding. Last check: 2007-10-22)
The Tax Court of Canada, established in 1983 by the Tax Court of Canada Act, is a superior court which deals with matters involving companies or individuals and tax issues with the Government of Canada.
Should probably be merged with Sales taxes in Canada :I would tend to disagree as the GST has a seperate and distinct role in Canadian history.
The Tax Court of Canada Act was an Act of the Government of Canada concerning the Tax Court of Canada.
www.wwwtln.com /finance/30/canada-tax.html   (1211 words)

  
 Traveling Canada – Costs, Money & Banks
The currency system in Canada uses dollars and cents similar to the U.S. system.Canada has one- and two-dollar coins, affectionately called the "loonie" and the "toonie", in addition to 1 cent, 5 cent, and 25 cent coins.
As of April 1, 1997 the HST or "harmonized sales tax" is a 15% tax that replace the provincial sales tax (PST) and GST in the provinces of Newfoundland and Labrador, Nova Scotia, and New Brunswick.
Non-resident visitors to Canada are entitled to a rebate of GST/ HST on certain goods they take out of Canada as well as short-term accommodations.
www.travellodge.info /worldwide_travel/canada/costs-money.htm   (387 words)

  
 DEATH & TAXES: IN CANADA, IT'S HARD TO TELL WHICH IS WORSE   (Site not responding. Last check: 2007-10-22)
Income taxes, levied provincially and federally, are the biggest taxes counted, amounting to just under 38% of the total tax bill.
Tax Freedom Day in 1997 fell on June 30, so this year's modest rollback is "a welcomed respite from the unrelenting ramping up of taxes," study authors Joel Emes and Michael Walker say.
Tax Freedom Day in relatively poor Newfoundland, which benefits from an influx of federal funds, arrived on May 24 this year, for instance.
www.businessweek.com /bwdaily/dnflash/july1998/nf80729c.htm   (636 words)

  
 entrepreNEWS - January 2005 - Growing Your Business Outside of Canada - Tax and Other Considerations
Other foreign jurisdictions only require registration to collect local sales taxes when you are "carrying on a business" in their jurisdiction, or have a "permanent establishment" there.
Taxing authorities from around the world are still in the early stages of developing a protocol to ensure each country involved in the transaction can extract its fair share of income taxes and sales taxes on each transaction.
If you are buying services from non-residents of Canada, you may be required to self-assess the GST and/or provincial sales taxes on the value of those services, unless you are importing them for use in your "commercial activities".
www.ocri.ca /email_broadcasts/ecnews_0105_story7.html   (1081 words)

  
 NAFTA Facts Document #7501   (Site not responding. Last check: 2007-10-22)
The Provincial Sales Tax (PST) varies considerably by province in terms of rate and coverage and is generally only payable on imports which are not for resale.
The harmonized sales tax (HST) is a result of an agreement between the provinces of Nova Scotia, New Brunswick, and Newfoundland and the federal government to combine the PST and GST so that there will be a flat rate of 15%.
A single tax rate of 15%, made up of a federal component of 7% and a provincial component of 8%, in the three participating province is a significant reduction in the current tax rates.
www.mac.doc.gov /nafta/7501.htm   (1033 words)

  
 Income Taxes in Canada and the U.S.
Taxes, they chorus, are a big factor in the so-called "brain drain'' of talented Canadians and help account for the shift of corporate head offices to south of the border.
Tax calculations on actual tax rates paid, after social security deductions in Ontario and, say, New York state, show surprisingly little difference even in the middle income range.
Using Statistics Canada's measure of "purchasing power parity'' in the two jurisdictions ($1.25 Canadian can purchase as much as $1 American, even after GST and other sales taxes are added at the till), we compared the proportion of income going in taxes and social deductions.
www.canadiansocialresearch.net /taxes.htm   (2611 words)

  
 Wikinfo | Sales tax
A Value-added tax is a more sophisticated system in which all businesses collect the tax but are also refunded what they spend on the tax, so there is no need for them to determine which sales are retail and which are not.
Most countries in the world have sales taxes at either the national or local level.
In some locations, necessities such as food, clothing, or sanitation items are exempt from sales taxes in order to alleviate the burden on the poor.
www.wikinfo.org /wiki.php?title=Sales_tax   (318 words)

  
 Beyond3D Forum - Will the income tax be vanquished?   (Site not responding. Last check: 2007-10-22)
Large employers are highly centralized and there are a finite number of payroll companies, so income tax can be extracted at those choke points by the gubmint before it reaches your wallet.
One of my cousin is moving to Switzerland to avoid taxes for a 5-10 year period after which he'll come back (so he says).
In Canada at 15% the sales tax is very much easily avoided when paying 'under the table' for many services.
www.beyond3d.com /forum/printthread.php?t=9740   (400 words)

  
 Considerations Respecting a Federal Retail Sales Tax
The term sales tax ordinarily refers to the "general sales tax" which is a levy on the sale of a wide variety of goods and services.
More frequently, however, sales taxes are of the "single stage" type, applying to the sale of a commodity only once as it passes through production and distribution channels and into the hands of consumers.
The latter are particularly difficult to identify because whether or not a sale is a wholesale sale cannot be determined definitely until the subsequent resale of the goods concerned.
www.taxhistory.org /Civilization/Documents/Sales/HST29010/hst29010(a).htm   (1493 words)

  
 Sales Taxes in the USA and Canada   (Site not responding. Last check: 2007-10-22)
No sales tax is charged on entrance charges to National Parks, National Monuments, State Parks, Provincial Parks, etc (or perhaps where relevant the tax is included in the stated charge).
No sales tax is charged on road tolls, road bridge tolls or road tunnel tolls (or perhaps where relevant the tax is included in the stated charge).
In the USA the state sales tax rate varies from state to state and there are frequently local county and city sales taxes in addition to the state sales tax, for example a local lodging tax.
freespace.virgin.net /john.cletheroe/usa_can/taxes   (541 words)

  
 Bloomberg.com: Canada
Harper is using the unpopular sales tax to build on poll gains that show his party tied with the governing Liberals for support.
Martin, speaking at a press conference in Montreal after Harper's announcement, said his proposals to cut income taxes are ``more sensible'' and ``fair.'' The government raised C$29.8 billion from the sales tax last year.
Canada is alone among the Group of Seven economies in running budget surpluses.
www.bloomberg.com /apps/news?pid=10000082&sid=aiLk1ytHwPfs&refer=canada   (454 words)

  
 National Center for Policy Analysis   (Site not responding. Last check: 2007-10-22)
According to the researchers, Canada has one of the highest tax rates on incremental investment in the world, which discourages the investment critical to improving productivity.
Canada can reduce the cost of the $60 billion tax cuts if jurisdictions broaden their tax bases, eliminate tax incentives that favor one type of investment over another and control spending, say the researchers.
By implementing their recommendations, Canada would be in the upper echelons for investment and development among industrialized countries, say the researchers.
www.ncpa.org /newdpd/dpdarticle.php?article_id=3162   (352 words)

  
 Woodstock, NB to St Croix, QU Canada
We proceeded to hunt down our groceries and while Brian was checking out I found the other bikers at the front of the store having a conversation with some woman sporting a huge camera around her neck.
Sales taxes in Canada are absolutely sky high, usually 15% on absolutely everything except basic food items.
As it turns out, even though we're not Canadian citizens, do not benefit from any of their health care system or whatever, just because we're visiting for a while and went to the US for less than 48 hours we're sort of considered to be Canadians and had to pay duty.
www.outthereliving.com /worldbike/USACanada/wbike045.html   (2909 words)

  
 Sales Tax, Income Tax and Payroll Taxes   (Site not responding. Last check: 2007-10-22)
Sales Taxes cover Sales Taxes, Excise Taxes, GST and PST Taesx, VAT Taxes and any other taxes on sales or services that you collect from customers and pay to a tax agency.
After you've made a sales tax payment, you can get a report of the tax payment in a form that is more useful for filling out tax forms.
As we all know, taxes are a beneficial thing, and if it weren't for taxes like the Texas Text Tax and the Tennessee Tropical Trinket Transfer Tax, all government action would grind to a halt, chlorophyll would stop synthesizing, and life on this planet would soon cease to exist.
www.turtlesoft.com /GSStartManual/lesson48.htm   (2039 words)

  
 KPMG in Canada | KPMG Enterprise - Sales & Local Taxes   (Site not responding. Last check: 2007-10-22)
Traditionally, sales tax and other non-income taxes have received little attention from a tax-planning point of view.
However, these non-income taxes may represent significant costs to the business and strategies to minimize them can be an important part of every entrepreneur's tax plan.
Design systems to help ensure that sales tax is appropriately collected and that proper allocation methods are used for claiming sales tax credits where applicable.
www.kpmg.ca /en/services/enterprise/issuesTaxSALT.html   (215 words)

  
 What Do You Think?
The maximum tax burden Canadians think a family of four should bear is 29 percent.
The tax bill for the average Canadian family increased by 139 percent (after inflation) between 1961 and 1998.
Canada's total tax burden is 14 percent higher than the U.S. rate, one reason Canada is losing many of its best and brightest to a "brain drain" south.
www.readersdigest.ca /mag/1999/06/think_01.html   (1729 words)

  
 States Move To Tax Internet Sales > States Move To Tax Internet Sales > March 4, 2004   (Site not responding. Last check: 2007-10-22)
Faced with the loss of billions of dollars in telephony taxes because of the ban on Internet-access taxes, some states are now moving to collect sales tax on goods purchased over the Internet.
The tax figure is not a trifling amount: The National Governors Association estimates $35 billion will be lost this year from Web purchases on which no taxes were paid.
States and local governments have long argued that the solution is to see to it that taxes are collected at the point-of-origin: typically from merchants selling goods who would simply add the required state and local taxes.
www.techweb.com /wire/story/TWB20040304S0004   (510 words)

  
 NCPA Tax Policy - Evidence Cigarette Tax Hikes Increase Crime, But Don't Reduce Teenage Smoking   (Site not responding. Last check: 2007-10-22)
Between 1984 and 1993, Canada doubled its tax on cigarettes with the aim of reducing smoking and increasing tax revenues.
In 1995, one year after Michigan raised its cigarette tax, low-tax states within a one-day drive saw an increase in their cigarette sales -- ranging from 4.5 percent to 12 percent.
Since California raised its cigarette tax in 1988, fl market sales have risen to an estimated 17.2 percent to 23 percent of cigarettes sold.
www.ncpa.org /pi/taxes/feb98r.html   (362 words)

  
 Bootleg, Eh? By Dahlia Lithwick   (Site not responding. Last check: 2007-10-22)
They'd probably argue that the trouble really started when dopey Canada hiked up the taxes on alcohol to the point that, between federal and provincial sales taxes and a "sin" tax on top of all that, the average total tax on Canadian alcohol is 83 percent (as opposed to 44 percent in the United States).
When Ginsburg characterizes the revenue rule as "one country doesn't mess with another country's taxes," Dreeben is quick to correct her: The rule means the United States won't act at the behest of some foreign country to enforce that country's tax rules.
Aside from Kennedy and O'Connor, it's not clear that anyone else on the court agrees that Canadians are too lame to enforce their own tax law—or that American judges have the ample free time necessary to ponder the hidden nuance of foreign tax codes in general.
www.slate.com /id/2109410   (1535 words)

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