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by gnabgib
1094 days ago
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There's more to Canada tax rules than this, and they vary (like every country?). Some provinces have no provincial sales tax (one tax line), some provinces have Harmonized Sales Tax (HST) which aggregates GST and PST (one tax line). There's also no (federal) requirement to include your business number on the same line as the taxes.. it does need to be on the invoice if >$30 though. Tax exemption at a federal or provincial level is then at the line-item level, not the invoice level (although perhaps invoice level is enough, for example agricultural products & prescription drugs shouldn't be taxed). You may be required to charge the buyer's tax rate (rather than your operating tax rate). And finally some goods/services have extra taxes (hospitality tax, for example). https://www.canada.ca/en/revenue-agency/services/tax/busines...
https://www.canada.ca/en/revenue-agency/services/tax/busines... |
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