Happy Anniversary Harmonized Sales Tax in Ontario & British Columbia

Posted on July 1, 2011 by Cyndee Todgham Cherniak

It was one year ago today that Ontario (13%) and British Columbia (12%) implemented harmonized sales tax (HST").  It was one year ago that Nova Scotia raised the HST rate in that province to 15%.

Under the Comprehensive Integrated Tax Coordination Agreements signed by the provinces with the Government of Canada, the HST rates cannot be changed for one more year (on the 2 year anniversary date).

British Columbia has their referendum and the HST may not see another anniversary in that province.

How should we celebrate/commiserate?  Please send us your comments on how the HST has affected your business.

How am I celebrating? I am on vacation.

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This Blog/Web Site is made available by Cyndee Todgham Cherniak and Cyndee Todgham Cherniak Professional Corporation for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and the Blog/Web Site publisher. The Blog/Web Site should not be used as a substitute for competent legal advice from a licensed professional attorney in your province.

The law firm McMillan LLP does not have any connection with this Blog/Web Site.

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