Multiple Choice
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
Correct Answer:
Verified
Q6: HST rates -<br>A) are the same for
Q7: Which of the following statements is true
Q8: Registration for GST favours a business because
Q9: Businesses must register for GST and apply
Q10: The Harmonized Sales Tax or HST is
Q11: PST paid by a business on business-related
Q12: Items that are not taxable for GST
Q13: Sales taxes on good and services in
Q15: Provincial sales taxes -<br>A) are charged on
Q16: The percentage tax rate applied for the