Ontario HST Transition Cheques
Ontario families may be eligible to receive HST transition cheques (Ontario Sales Tax Transition Benefit) from the government to help them cope with the implementation of Harmonized Sales Tax on July 1st, 2010.
Eligible individuals and families will receive 3 tax free payments in June 2010, December 2010 and June 2011. Individuals will receive a maximum of $300 paid in $100 amounts on the dates listed here. Eligible single parents and couples will receive up to a maximum of $1000 spread out over those sames dates. Single individuals earning more than $82,000/year …
Tax Attorney on Why HST is Necessary
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…

