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07-23-2009, 10:46 AM
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#1 | | Diagonally parked in a parallel universe
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| 12% HST coming to BC
Quoted from VAncouver Sun. http://www.vancouversun.com/business...717/story.html
B.C. to harmonize sales tax at 12 per cent next July:
VANCOUVER - British Columbia will be adopting a 12 per cent harmonized sales tax as of July 1, 2010 Finance Minister Colin Hansen announced today.
B.C. will have the lowest Harmonized Sales Tax (HST) in Canada, by combining the seven per cent B.C. Provincial Sales Tax (PST) with the five per cent federal Goods and Services Tax (GST), for a single sales tax rate of 12 per cent, the province said.
"This is the single biggest thing we can do to improve B.C.'s economy," Premier Gordon Campbell said in a press release. "This is an essential step to make our businesses more competitive, encourage billions of dollars in new investment, lower costs on productivity and reduce administrative costs to B.C. taxpayers and businesses. Most importantly, this will create jobs and generate long-term economic growth that will in turn generate more revenue to sustain and improve crucial public services."
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07-23-2009, 10:57 AM
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#2 | | NOOB, Not Quite a Regular!
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what bugs me with this type of tax is that we now all have to pay PST on items that were PST exempt...i.e. restaurants, consultant services, children's clothes, groceries, etc.
Last edited by DVS8; 07-23-2009 at 11:06 AM.
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07-23-2009, 11:04 AM
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#3 | | Revscene.net has a homepage?!
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^ yeah, don't we end up paying more?
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07-23-2009, 11:05 AM
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#4 | | Witness protection
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^ same question as above... i hope not  | |
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07-23-2009, 11:06 AM
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#5 | | 14 dolla balla aint got nothing on me!
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"Similar to PST exemptions, the B.C. HST will provide consumers with point-of-sale rebates on a number of products including gasoline and diesel fuel for motor vehicles, books, children’s-sized clothing and footwear, children’s car seats and car booster seats, diapers and feminine hygiene products." http://www2.news.gov.bc.ca/news_rele...017-000141.htm | |
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07-23-2009, 11:15 AM
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#6 | | Banned By Establishment
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we should get natives to start paying taxes
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07-23-2009, 11:18 AM
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#7 | | I WANT MY 10 YEARS BACK FROM RS.net!
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^but we robbed their spiritual grounds
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07-23-2009, 11:21 AM
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#8 | | Rs has made me the man i am today!
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^bs that happened centuries ago
get over it
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07-23-2009, 11:24 AM
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#9 | | Need to Seek Professional Help
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that is BS...
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RS firearm expert
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07-23-2009, 11:31 AM
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#10 | | I contribute to threads in the offtopic forum
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| Quote:
Originally Posted by BNR32_Coupe we should get natives to start paying taxes | We do pay taxes man. I don't get where people get the idea that we don't. I paid 36,000 dollars last year just on income tax alone, let alone taxes whenever I buy shit.
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07-23-2009, 11:37 AM
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#11 | | My dinner reheated before my turbo spooled
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Originally Posted by ScizzMoney We do pay taxes man. I don't get where people get the idea that we don't. I paid 36,000 dollars last year just on income tax alone, let alone taxes whenever I buy shit. | i think some people were under the impression that Natives who live on Native Reserve property did not have to pay taxes.
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07-23-2009, 11:39 AM
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#12 | | Willing to sell a family member for a few minutes on RS
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shit
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07-23-2009, 11:40 AM
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#13 | | Banned By Establishment
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my last job had a few native employees and they were bragging about not paying ANY income tax at all. they also have a special thing that exempts them from paying tax on buying stuff, but usually its too much of a hassle to explain to cash register workers for something like a stick of gum
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07-23-2009, 11:55 AM
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#14 | | F**K YOUR HEAD
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doesn't affect me, i stole everything I own
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07-23-2009, 12:00 PM
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#15 | | I answer every Emotion with an emoticon
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hmmmm, i wonder if we have to end up collecting PST from out-of-province sales
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07-23-2009, 12:12 PM
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#16 | | RS.net, helping ugly ppl have sex since 2001
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so hows this going to work with foods? Do we just get a bigger cheque in the mail now?
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07-23-2009, 12:12 PM
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#17 | | MOD
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we didn't rob them....you white people did.
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07-23-2009, 12:16 PM
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#18 | | I contribute to threads in the offtopic forum
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Natives only don't pay taxes if they work on reserve land, and there are not many jobs on reserves. 95% of the working Native population work off reserve, therefore, pay taxes. If a native purchases something on reserve land, they can be exempt from the taxes. There are not too many businesses willing to go on reserve land, because it would have to be leased land to begin with. Not owned by the Crown, but owned by the local indian band.
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07-23-2009, 12:23 PM
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#19 | | I answer every Emotion with an emoticon
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but Native Indians can get into Univeristy easier and have special scholarships
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Last edited by q0192837465; 07-23-2009 at 12:48 PM.
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07-23-2009, 12:26 PM
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#20 | | RS.net, helping ugly ppl have sex since 2001
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| Quote:
Originally Posted by q0192837465 but Indians can get into Univeristy easier and have special scholarships | you mean punjabi and hindus? I dont think so........
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07-23-2009, 12:28 PM
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#21 | | OMGWTFBBQ is a common word I say everyday
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| Quote:
Originally Posted by shenmecar so hows this going to work with foods? Do we just get a bigger cheque in the mail now? | The details are scant at this point, but from what I've gathered, lower income earners should get a HST rebate when they file their taxes.
Theoretically, the reduced administrative costs for businesses should be passed onto the consumer. However, this won't likely happen as we saw that many small businesses just kept the extra cents in their prices after the GST cuts. The policy is a win for small and medium businesses and you could argue that we need this to make the province more competitive.
For those who don't file taxes and run *ahem* cash businesses, this will bring a much needed boost to provincial revenues.
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07-23-2009, 12:28 PM
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#22 | | Banned (ABWS)
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Government thinks that Companies > individuals.
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07-23-2009, 12:39 PM
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#23 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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| Quote:
Originally Posted by DVS8 what bugs me with this type of tax is that we now all have to pay PST on items that were PST exempt...i.e. restaurants, consultant services, children's clothes, groceries, etc. | agreeed
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07-23-2009, 12:42 PM
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#24 | | F**K YOUR HEAD
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Originally Posted by shenmecar you mean punjabi and hindus? I dont think so........ | I see what u did there...  | |
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07-23-2009, 12:45 PM
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#25 | | I WANT MY 10 YEARS BACK FROM RS.net!
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| Quote:
Originally Posted by q0192837465 but Indians can get into Univeristy easier and have special scholarships | it's true.
I should tell schools when applying that Im 1/16th Metis haha
Scizz just curious, I think people are referring to property tax as well. Is that not applicable to reserves?
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