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Taxpayers now have until September 30, 2022 to apply for the rebate on their provincial sales tax (PST) paid between September 17, 2020 and March 31, 2022 on qualifying machinery and equipment.
As part of its COVID-19 action plan, British Columbia’s Office of the Premier has announced that the Province is extending tax filing and payment deadlines.
Canada’s tax system operates in a very different fashion from the U.S. There are many reasons why taxpayers need to understand these differences and how Canada operates in regard to taxes.
The Province of British Columbia will reinstate the combined 12% PST (Provincial Sales Tax) and GST (Goods and Services Tax) tax system following the referendum decision to eliminate the HST (Harmonized Sales Tax). The HST had replaced the PST on…
The British Columbia Ministry of Finance announced the above reduction in the Provincial Sales Tax rate.