A business that is registered to collect PST from customers -
A) deducts the PST it pays on business-related expenses from the PST it remits to the provincial government
B) does not pay PST on any business-related expenses
C) pays PST on most goods and services, just like GST
D) pays PST on taxable supplies and services that it does not resell
Correct Answer:
Verified
Q1: HST rates -
A) are the same for
Q2: Provincial sales taxes -
A) are charged on
Q3: Sales taxes on good and services in
Q4: Which of the following statements is true
Q6: GST/HST differs from other sales taxes in
Q7: Registration for GST favours a business because
Q8: Items that are not taxable for GST
Q9: The percentage tax rate applied for the
Q10: The Harmonized Sales Tax or HST is
Q11: Provinces that apply HST -
A) have an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents