Black Friday Profit Survival Guide
In Canada, exports are “zero-rated” sales for Gram.S.T. purposes. This means that when you ship a service to someone outside Canada, you don’t charge F.S.T. Yet, you get to claim (or deduct by way of G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that move. … Read more