Ontario Issues Publication on What is Subject to HST and What is Not
Ontario has posted a good/help (not entirely complete) publication "What's Taxable Under the HST and What's Not?". It is a good first attempt at communicating with the public at large about what property and services will be subject to HST.
Broad categories that are broken down into sub-items are:
- clothing and footwear;
- food and beverages;
- home services;
- accommodation and travel;
- around the house;
- motorized vehicles;
- home purchases;
- health products and services;
- memberships, entertainments and sports equipment;
- leases and rentals;
- electronics;
- professional and personal services;
- tobacco; and
- banking and investments.
There document has been prepared more as a self-promotion piece than anything else. as a result, it does not emphasize the multitude of services, real property and intangible property that will be subject to higher rate taxation.
That being said, a document such as this is needed and useful.
Cyndee Todgham Cherniak is the founding lawyer of LexSage, a boutique international trade law and sales tax firm in Toronto,