Effective October 21, 2004, the British Columbia PST rate decreased from 7.5% to 7.0%.

On October 20, 2004, the British Columbia Ministry of Finance announced the above reduction in the Provincial Sales Tax rate. The new 7.0% rate will apply to items purchased on or after the effective date and items ordered before the effective date that are paid for after the effective date. Additional information can be obtained from the Ministry of Finance website at: http://www.rev.gov.bc.ca/ctb/Transition.htm .

Posted on October 22, 2004