Are You Ready To Trade Your Business

December 27, 2021 5 mins to read

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In Canada, exports are “zero-rated” sales for Gram.S.T. purposes. This means that when you ship a procedure to someone outside Canada, you don’t charge funny baby onesies Gary.S.T. Yet, you get to claim (or deduct from the G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that export. The idea, I suppose, would be to encourage conveying.

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As a Canadian registrant, one way you might legally avoid this silly March Hare is to explicitly state on internet site and invoice that use of such intangible personal property in Canada is prohibited (or requires an additional fee along with the Dillons Dodge City Ks payment of G.S.T.).

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