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HST Booklet Available for Business
Posted: March 30, 2009
The Certified General Accountants of Ontario (CGA Ontario) has released a comprehensive and easy-to-understand Harmonized Sales Tax (HST) booklet, which provides an all-purpose HST overview and addresses common questions and concerns for business. Also available is an extensive Q&A document and a fact sheet that identify key benefits to the new HST system taking effect July 1, 2010.
The booklet details how businesses can prepare for HST implementation, the application of HST, the transitional rules, and general background on the HST by province. All supportive HST resources have been bundled into an HST information tool kit for Ontario businesses. The HST is part of a comprehensive reform to Ontario’s tax system, which includes personal and business income tax cuts, the elimination of capital taxes and other significant tax reforms. To obtain a copy of the booklet please visit the CGA Ontario website. For a detailed look at the comprehensive reforms advocated for by the OCC, go to the Ministry of Revenue website or please contact Derek Picard, Senior Policy Analyst, 416-482-5222 or derek.picard@occ.on.ca.
http://www.cga-ontario.org/Publications/Information_Booklets.aspx
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