Multiple Choice
A registered charity in a non-participating province has a used clothing store. Revenues from the store for the year total $40,000. Which of the following statements is correct?
A) The charity will have to collect GST on all of their clothing sales.
B) The charity will not have to collect any GST on their clothing sales.
C) The charity will have to collect GST on their clothing sales on revenues greater than a $30,000 small supplier exemption.
D) The charity cannot claim input tax credits.
Correct Answer:
Verified
Correct Answer:
Verified
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