Changes
• As of January 1, 2013:
– the QST will apply on the selling price excluding GST;
– so that there is no impact on the QST payable by consumers, the QST rate will be adjusted
from 9.5% to 9.975%, i.e. a rate equivalent to the effective rate in the current system.
• All the QST exemptions will be maintained (for example, the QST exemption on books
and diapers for infants)
http://www.finances.gouv.qc.ca/documents/Communiques/en/COMEN_20110930-sheets.pdf
http://www.fin.gc.ca/access/tt-it/quebec-tax-2011-eng.asp
Sunday, October 02, 2011
Harmonized Tax sounds nice but it's the same old tax.
I guess the Provincial tax had to be changed before it went over 10%, double digits always look bad. Like gouging? Of course we will have to wait till 2015 for that...
