HST Rebate Cheques
Since the implementation of the Harmonized Sales Tax in Ontario and British Columbia, residents, when filing taxes on their personal tax software, have begun to receive HST credit and transition cheques from the government as a way to adjust to the new taxation system. As with the HST system, there are many questions surrounding the cheques and who is eligible, when to expect the payments and how to go about applying to receive a cheque.
Ontario Sales Tax Transition Benefit (OSTTB)
First and foremost, in order to receive a HST …

The newly implemented harmonized sales tax will increase the amount of tax charged to the British Columbian consumers for a variety of services. Mobile phone services and long distance services are already charged a 5% GST and a 7% PST, meaning the new 12% HST that is now charged doesn’t change the overall cost. However, local phone services and basic cable television will now have the additional HST applied, effectively increasing the amount of tax paid on these items from 5% to 12%.
Maintenance services home-owners often take advantage of, such …

At the 2005 National Sales Tax Symposium David Robertson presented a paper that compared the current taxation system with a value added tax. His findings suggested that “the VAT is more equitable, less regressive, less susceptible to evasion and does not limit international competitiveness and domestic prosperity in the dramatic way that RSTs do.”

Follow this link to read SALES TAX HARMONIZATON: THE FACTS & NOTHING BUT THE FACTS

Below David gives a brief example of how a harmonized tax can help provinces…