Publishers need to be aware of sales tax changes in BC and PEI
Publishers of magazines in British Columbia and Prince Edward Island should be aware that sales tax rates are changing, effective April 1.
- BC is eliminating its 12% HST and replacing it with GST at 5% and PST at 7%. cra-arc.gc.ca/E/pub/gi/notice276/notice276-e.pdf
- PEI is replacing GST of 5% and PST of 9% with HST of 14%. http://www.gov.pe.ca/photos/original/hst_trans_rules.pdf