In Canada, exports are "zero-rated" sales for D.S.T. purposes. This ensures that when you ship a treatment to someone outside Canada, you don't charge Gary the gadget guy.S.T. Yet, you have the opportunity to claim (or deduct throughout the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that move. The idea, I suppose, usually encourage transferring.
We can choose to walk in integrity taking us one step closer towards becoming hi...Read Full Post »