GST/HST & Sales Tax
In Canada, commodity taxes generally refer to the Goods and Services/Harmonized Sales Tax (GST/HST) and a number of provincial sales taxes (PST). It also includes an array of product-specific excise taxes. Commodity taxes are governed by their own specialized set of laws and regulations which are distinct from the income tax rules. Businesses may be responsible under these rules for registering and ensuring they collect and remit the correct amount of tax. In the case of GST/HST, they may also be able to claim input tax credits in some situations. Tax planning can sometimes help to reduce the amount of tax payable and to optimize credits.
Since day one, we have focused on helping clients find solutions to their commodity tax issues. We have a deep understanding of how the rules work in theory and in practice, which we apply using insight from years of experience. Clients have come to rely on our ability to cut through the clutter and provide smart, reliable advice.
We work with a range of clients, from individuals to small businesses and multi-nationals. We also offer independent, specialized commodity expertise to accountants and other lawyers.
The issues and industries we have advised on include:
- Real property
- Business reorganizations
- Input tax credits
- Cross-border transactions
- Financial services
- Owner-managed businesses
- Non-profits, educational institutions
- Health care professionals