29 February 2016
The Canadian province of New Brunswick has confirmed that it is increasing its Harmonized Sales Tax (HST) rate from 13% to 15% from 1 July 2016. This has been implemented despite the recent confirmation from the Canadian tax authorities that they will not be raising the HST rates.
HST is a combination of Canadian Goods & Services Tax (GST) and Provincial Sales Tax (PST). This tax is applied in five states including New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario and Prince Edward Island.
LATEST NEWS
Several member states are proposing the introduction...
Several EU countries, including Belgium, France, the Netherlands, and Romania, are proposing the introduction of a national handling fee on low‑value...
SEE MORE
LATEST NEWS
Reminder: Bulgaria joined the Eurozone on 1 January...
From 1 January 2026, Bulgaria has adopted the euro as its official currency. The country has been preparing for this transition since joining the European...
SEE MORE
LATEST NEWS
EU to remove the customs duty exemption for “low...
Currently, imports valued at €150 or below can be imported duty free into the EU. However, the European Union has reached an agreement to abolish this...
SEE MORE