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  2. Goods and services tax (Canada) - Wikipedia

    en.wikipedia.org/.../Goods_and_services_tax_(Canada)

    The tax is a 5% tax imposed on the supply of goods and services that are purchased in Canada, except certain items that are either "exempt" or "zero-rated": For tax-free — i.e., "zero-rated" — sales, GST is charged by suppliers at a rate of 0% so effectively there is no GST collected.

  3. Sales taxes in Canada - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_Canada

    Goods to which the tax is applied vary by province, as does the rate. In all provinces where the provincial sales tax is collected, the tax is imposed on the sale price without GST (in the past, in Quebec and in Prince Edward Island, PST was applied to the combined sum of sale price and GST).

  4. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    VAT can be accounts-based or invoice-based. [9] All VAT-collecting countries except Japan use the invoice method. [10] [11] [12] Using invoices, each seller pays VAT on their sales and passes the buyer an invoice that indicates the amount of tax paid excluding deductions (input tax). Buyers who themselves add value and resell the product pay ...

  5. Invoice - Wikipedia

    en.wikipedia.org/wiki/Invoice

    An invoice, bill, tab, or bill of costs is a commercial document that includes an itemized list of goods or services furnished by a seller to a buyer relating to a sale transaction, that usually specifies the price and terms of sale., quantities, and agreed-upon prices and terms of sale for products or services the seller had provided the buyer.

  6. Harmonized sales tax - Wikipedia

    en.wikipedia.org/wiki/Harmonized_Sales_Tax

    In 1996, three of the four Atlantic provinces—New Brunswick, Newfoundland and Labrador, and Nova Scotia—entered into an agreement with the Government of Canada to implement what was initially termed the "blended sales tax" (renamed to "harmonized sales tax") which would combine the 7% federal GST with the provincial sales taxes of those provinces; as part of this project, the PST portion ...

  7. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    23.6% (for employees earning more than 25,200€ per year in 2024: includes 20% flat income tax + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer and taxes on dividends: 22% (standard rate) 9% (reduced rate) 20% Taxation in Estonia Eswatini (Swaziland) 27.5% 33%

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