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ARTICLE · 26 FEBRUARY 2018

Provincial Sales Tax Measures – BC 2018 Budget

Effective April 1, 2018, the exemption for avalanche airbag backpacks is expanded to include all avalanche airbag backpacks.

CanadaTax

Exemption Expanded to all types of Avalanche Airbag Backpacks

Effective April 1, 2018, the exemption for avalanche airbag backpacks is expanded to include all avalanche airbag backpacks.

Online Accommodation Platforms Enabled to Register as Collectors

Effective on a date to be specified by regulation, online accommodation platforms are enabled to register as collectors, and to collect and remit PST and the municipal and regional district tax on accommodation.

Use of Municipal and Regional District Revenues for Affordable Housing Initiatives Allowed

Effective on a date to be specified by regulation, municipal and regional district tax revenue collected by municipalities, regional districts and eligible entities, such as tourism-focused non-profits, can be used to fund affordable housing initiatives. Currently, funds can only be used for tourism marketing, programs and projects.

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