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
Danish decision on OSS compliance reinforces the...
A recent Danish Tax Appeals Tribunal decision has reinforced the importance of meeting VAT reporting obligations under the EU's One Stop Shop (OSS) regime. In...
SEE MORE
LATEST NEWS
Italy extends deadline for recovering Input VAT
Under a new legislative decree issued in August, Italy introduced a positive law for businesses registered for VAT in the country. From 1 January 2027...
SEE MORE
LATEST NEWS
Portugal clarifies VAT correction procedures and...
Portugal's Tax Authority has issued new guidance on VAT invoice corrections and introduced updates to the periodic VAT return, reflecting the country's...
SEE MORE