B.C. Government is Pledging To Pass HST Laws by Saturday
CTV News is reporting that the Campbell pledges to pass the Bill 9-2010 "Consumption Tax Rebate and Transition Act" by Saturday, May 1, 2010. The report states:
The B.C. Liberals say they're determined to ensure the controversial harmonized sales tax is introduced as law by Saturday.
Liberal House Leader Mike de Jong says a vote on the proposed law by 6 p.m. Thursday will pave the way for the 12-per-cent HST despite any delay tactics the New Democrats may use.
De Jong says the NDP have known since last July that the HST must be law by May 1 to ensure tax collection regulations can take effect.
He would not say directly if the government will invoke closure to end the HST debate, but is adamant politicians will have the opportunity to vote on the tax.
The interesting fact is that the transition rules require vendors to start to collect HST on May 1, 2010. So, the passage of the HST laws in British Columbia would be down to the wire. That being said, the most important aspects on Bill 9-2010 relate to the ending of the British Columbia social service tax (BCSST), which officially occurs on July 1, 2010.
Cyndee Todgham Cherniak is counsel to and in affiliation with the International Trade Law and the Tax Law (Commodity Tax
