Free Goodies Non-Taxable

We all love when we win free goodies at the stores.

But do you know that in Ontario, they also come tax-free?

With the new Harmonized Sales Tax (HST), replacing the federal General Services Tax (GST) and the Provincial Services Tax (PST) which were levied separately, there is some confusion about what are taxed.

Yes, this is something even some stores forget; for example, if you have a coupon which provides you something for free, then that product is not taxable under Ontario’s tax law.

 

Enhanced by Zemanta

Speak Your Mind

*

Add to Technorati Favorites