Thursday, March 26, 2009

"Harmonization" of Ontario sales tax will wallop magazines

[This post has been updated]Today's likely announcement in the Ontario budget of "harmonization" of its provincial sales tax (8%) with the federal goods and services tax (5%), will have a major impact on magazines sold in the province. It means that the provincial sales tax portion, never before paid on magazinesmagazine subscriptions, will now apply.In effect, the decision will automatically

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