In the next series of blogs, we will provide a summary of the
federal government and most of the provinces have sales tax
regimes.
See Chinese version below
[中文版参阅下文]
The federal government and most of the provinces have sales tax
regimes.
Federal Goods and Services Tax
The federal government imposes a 5% multi-stage, value-added tax
called the Goods and Services Tax (GST), which applies to taxable
supplies (e.g., supplies of most types of property, including
intangibles and real property as well as services) made in Canada.
Certain types of property and services, including most financial
services, are exempt for GST purposes and certain supplies, defined
as zero-rated supplies, which include exports, are taxed at a rate
of 0%.
