21%20Goods%20and%20Services%20Tax0

21%20Goods%20and%20Services%20Tax0 - Chapter 21 Goods and...

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Chapter 21 - Goods and Services Tax/ Harmonized Sales Tax
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Introduction to G/HST This tax was introduced in January, 1991 Replaced Federal Sales Tax on manufactured goods The G/HST is broadly based most transactions for goods and services are subject to G/HST The G/HST is a transaction tax The G/HST is a multi-stage tax The G/HST is still controversial The relevant legislation for G/HST is the Excise Tax Act
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