Harmonized Sales Tax (HST)

URI: https://gptkb.org/entity/Harmonized_Sales_Tax_%28HST%29
GPTKB entity
Statements (48)
Predicate Object
gptkbp:instance_of gptkb:tax_policy
gptkbp:administered_by gptkb:Canada_Revenue_Agency
gptkbp:applies_to Services
Goods
gptkbp:benefits Increased compliance
Reduced administrative costs
Simplified tax system
gptkbp:collected_in Businesses
gptkbp:controversy Public opposition
Impact on small businesses
Tax burden on consumers
gptkbp:enforces gptkb:federal_government
Provincial governments
gptkbp:future_prospects Rate changes
Potential reforms
Expansion to other provinces
https://www.w3.org/2000/01/rdf-schema#label Harmonized Sales Tax (HST)
gptkbp:impact gptkb:Economic_growth
Consumer spending
Tax compliance costs
Business pricing strategies
gptkbp:includes_provisions_for Medical devices
Prescription drugs
Educational services
Child care services
Basic groceries
gptkbp:introduced_in gptkb:2006
gptkbp:is_debated_in Tax refunds
Tax assessments
Tax audits
Tax appeals
gptkbp:is_implemented_in gptkb:Canada
gptkbp:rate 12% in Prince Edward Island
13% in Ontario
14% in New Brunswick
15% in Nova Scotia
gptkbp:related_to Value Added Tax (VAT)
Provincial tax systems
Sales tax harmonization
gptkbp:remitted_to gptkb:government
gptkbp:replaces gptkb:Goods_and_Services_Tax_(GST)
Provincial Sales Tax (PST)
gptkbp:revenue Used for education
Used for healthcare
Used for infrastructure
Used for public services
gptkbp:bfsParent gptkb:Canada_Revenue_Agency
gptkbp:bfsLayer 5