Download or read book Goods and Services Tax and Groceries written by Canada. Department of Finance and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Goods and Services Tax and Groceries written by Bureau d'information des consommateurs sur la TPS. and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GST Goods and Services Tax written by Canada. Customs and Excise and published by . This book was released on 1990 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GST Food Guide written by and published by . This book was released on 2004 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Canadian GST HST Guide to Basic Groceries written by Howard David Goldfarb and published by . This book was released on 2019-03-14 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canada Revenue Agency CRA), which administers the Excise Tax Act (GST and HST), including which goods qualify as 'basic groceries' under Schedule VI Part III of the Act. If goods qualify under the aforementioned Schedule and Part, they are taxable at 0% and therefore zero-rated. If the goods do not qualify, they are taxable under the provisions of GST and HST at 5% and 13% respectively. For example, it all comes down to what's considered a snack or a grocery. Does the ice go in your drink or in the cooler? Are you about to scarf down a crisp, a fry or a spud?If your pizza is still frozen, it will escape the bite of the GST and HST, but if you drink soy milk instead of the bovine beverage, then your wallet will feel the pinch.Because a food or beverage hasn't been defined under the Excise Tax Act, the Canada Revenue Agency has made its own definition on products it considers to be 'basic grocery' items and which are taxable at 5% GST and 13% HST.If a product's tax status is in doubt, the Canada Revenue Agency will consider the manner in which the product is displayed, labelled, packaged, invoiced and advertised to determine its tax status. The CRA's approach is based on the views of an average consumer.When the Goods and Services Tax was introduced in 1991, it had its own oddities. For example, people paid GST on a single donut, but did not pay on a dozen.That rule will hold true for the HST: buy a muffin or pastry on its own and you pay tax, but buy a pack of six and it will not be taxable.With the GST and HST, basic groceries such as meat, potatoes, fruits and vegetables escape the GST and HST, but once items are put in packages and processed somewhat, the tax applies.Anything considered a snack food such as carbonated drinks, candies, and chips are taxable, but Ontario residents will get a bit of a break on munchies that cost less than $4. Prepared food and drink sold for less than $4 will not be charged the eight-per cent Ontario portion of the HST. Heated foods, salads, sandwiches, and cheese and finger-food platters under $4 will also escape the tax in Ontario.So will print newspapers that contain news, editorial and features of interest to the general public, while flyers, inserts, magazines, periodicals and shoppers are hit with the full tax.Fruit drinks, if they contain less than 25 per cent of natural fruit juice are taxable.To determine the tax status of frozen fruit juice beverage concentrates, the CRA will consider the percentage of fruit justice by volume in the frozen concentrate. While milk-based drinks and milk are not taxable, ice cream, sherbet and frozen pudding are taxable when sold in single servings. Soy and rice milk products will be taxed because they come from non-animal sources.Potable ice sold as blocks or cubes are zero-rated, but ice made from water not suitable for human consumption, such as salt water or dry ice is taxable.A chocolate bar is taxable, but fondue, chocolate chips and chocolate icing are tax-free.These are examples of the complexities of determining the tax status of goods classified as or not classified as 'basic groceries'.
Download or read book Basic Groceries written by and published by . This book was released on 2007 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This memorandum replaces GST/HST Memorandum 4.3, Basic Groceries, dated November 1997. Due to the number of revisions, the changes have not been side-barred. This memorandum provides detailed information on zero-rated basic grocery products as they relate to the goods and services tax/harmonized sales tax (GST/HST) provisions of the Excise Tax Act (the Act)"--Page [1].
Download or read book Goods and Services Tax written by Michael Holcombe Wilson and published by . This book was released on 1989 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GST Food Guide written by and published by . This book was released on 2004 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Goods and Services Tax written by Canada. Department of Finance and published by . This book was released on 1989 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document provides a rationale for sales tax reform; an overview of the system including how the sales tax works, what is taxed, and how it ensures fairness; and the legislative timetable for implementation.
Download or read book Goods and Services Tax written by Canada. Revenue Canada and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Goods and Services Tax written by Richard-Philippe Domingue and published by . This book was released on 1989 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some provinces will oppose the Goods and Services Tax not only on the grounds of the tax's economic effects but also by claiming that is would be unconstitutional, would reduce their political room to manoeuvre and would adversely affect their own tax system. This paper examines the constitutional, political, and fiscal concerns that the proposed tax raises for the provinces that collect retail sales tax. It shows that some of the arguments they will try to use are invalid, while others remain to be proved.
Download or read book Exempting Basic Food from GST written by Paul Kenny and published by . This book was released on 2013 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article evaluates the food exemption from the Goods and Services Tax. Firstly the policy rationale for exempting food is considered, before moving on to examine the design features of the food exemption. This article finds that:(1) there are strong equity grounds for exempting food, simplicity and economic efficiency considerations are not as important.(2) the design of the food exemption legislation and associated measures means that this exemption will be sufficiently clear and workable.
Download or read book New Jersey Sales Tax Shopper s Guide for Grocery Drug and Household Items written by New Jersey. Division of Taxation and published by . This book was released on 1989 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Goods and Services Tax and Food written by Paul L. J. Kenny and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Food Exemption and the Goods and Services Tax written by Paul Kenny and published by . This book was released on 2015 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The food exemption in the Goods and Services Act 1999 has provoked intense debate within the community. This paper examines the treatment of GST on food and highlights some of the practical administrative and compliance problems. It then considers whether the exemption is worthwhile having regard to the tax policy principles of efficiency, equity and simplicity.
Download or read book State Taxation written by Jerome R. Hellerstein and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
