GST, PST, HST
Businesses operating in Canada are impacted by GST, PST or HST in some way or another. Unless managed properly, it can have a greater impact on the bottom line than income taxes. Different rules and sales tax rates can apply depending on the province in which one operates business. The legislations dealing with these taxes are constantly changing as governments look to commodity taxes as a favored means of taxation. Businesses must keep on top of changes to avoid costly government assessments, and ensure they are taking advantage of the maximum refund opportunities.