‘Tax holiday’ bill up for House of Commons vote. What to expect
The legislation, which was tabled on Wednesday, calls for a two-month break on the goods and services tax or harmonized sales ...
IRS Announces Another Reporting Change For PayPal, eBay, And Cash Apps
Christmas came early for the second time in a row for many taxpayers and tax professionals. The IRS has announced that it ...
Tax Guru9h
Kerala High Court Addresses GST Input Tax Credit Misclassification
The Kerala High Court recently adjudicated a case concerning the misclassification of GST Input Tax Credit (ITC) in the matter of Rejimon Padickapparambil Alex vs Union of India. The case revolved ...
CNBC6d
Value-Added Tax (VAT): What it is and how to get it refunded if you shop while traveling
The idea of a value-added tax (VAT) is a foreign concept to most ... VAT is applied to most goods and services but if you're planning on international travel, there's a good chance you can get ...
The Star6d
High value goods tax and SST to serve distinct purposes
“However, e-invoicing has been implemented in many countries to complement the goods and services tax (GST) or value added tax. “It allows output tax and input tax to be matched, thus removing ...
From essential goods to common stocking stuffers, Trudeau offering Canadians temporary tax relief
Canadians will soon receive a temporary tax break on several items, along with a one-time $250 rebate, Prime Minister Justin ...
Trudeau to cut sales tax and send cheques to millions of Canadians as election looms
Our government can’t set prices at the checkout, but we can put more money in people’s pockets,’ Canadian PM said in Toronto ...
The winners and losers of the Liberals' holiday tax break and cash giveaway
The Liberal government is pulling out the federal wallet to put more money into people’s pockets over the holidays, but its ...
Wall Street Journal8d
Canada’s Liberal Government Agrees to Exempt Sales Tax on Some Goods, Services
The left-wing New Democratic Party said late Wednesday that the Liberals have agreed to temporarily exempt the national sales tax from some goods and services. The NDP, which pushed for the ...