The percentage tax rate applied for the Goods and Services Tax -
A) is constant at 5 percent
B) varies with the sales tax rate applied by the provinces
C) applies to all goods and services
D) can be changed through federal government legislation
Correct Answer:
Verified
Q4: Which of the following statements is true
Q5: A business that is registered to collect
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
Q10: The Harmonized Sales Tax or HST is
Q11: Provinces that apply HST -
A) have an
Q12: Provincial sales taxes -
A) apply at the
Q13: PST paid by a business on business-related
Q14: HST (Harmonized Sales Tax) differs from GST
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