Fee imposed on the sale of goods and services.
A new system of taxation. As of 01/07/2000 there will be a goods and services tax of %10 on most goods and services.• Businesses• Taxation
In Canada, the GST is a federal sales tax. Depending upon which province you are selling in, the GST can be applied before, after, or at the same time as the PST provincial sales tax. Both taxes must be listed separately on the receipt, and while the GST must be applied to all sales, PST might not be applied for services (as an example). For POS systems, this generally means that a system must be GST certified in order to be used by a Canadian retailer. BTW, thanks to Heidi Stieh for setting me straight on this one.
A tax on individual goods and/or services, which is added on to the retail price of those goods or services. Goods and services taxes are often advocated as a means of increasing savings in the economy as an alternative to income taxes, which are perceived to penalise savings and to reward spending. Also known as Consumption Tax or, in some countries, Value Added Tax.
a balanced proposal for the people of Australia
a fairer system but, more importantly, it is a transparent system which eliminates hidden indirect tax
a 10% consumption tax on goods and services that is added on to their overall retail price.
a tax on goods and services at a fixed rate; for example, adding 10-15 per cent to every meal served at a restaurant to raise revenue for the government. (p. 217)
The GST is a broad-based tax of ten per cent on the supply of most goods and services consumed in Australia.
A broadly-based tax imposed on most goods and services consumed in New Zealand.
A direct form of tax that is levied on the sale of some goods and provision of services. There are no glossary terms available for this letter of the alphabet.
a broad-based tax of 10 per cent on the sale of most goods and services in Australia.
a Canadian government tax charged on most goods and services
A 6% federal tax that applies to all goods and services supplied in Canada and to imported goods under section 212 of the Excise Tax Act.
A individual consumption tax on goods and services that is added onto their overall retail price.
Another name for value-added tax.
The Canadian Goods and Services Tax (GST) (French: Taxe sur les produits et services, TPS) is a multi-level value-added tax introduced in Canada on January 1, 1991, by Prime Minister Brian Mulroney and finance minister Michael Wilson. The introduction of the GST was very controversial.
The GST (Goods and Services Tax) is a value added tax of 10% on most goods and services sold in Australia.
Goods and Services Tax (GST) is a Value Added Tax introduced in New Zealand on October 1, 1986 at 10%, but later increased to 12.5% on June 30,1989.
Goods and Services Tax (GST) was a proposed Value Added Tax in Hong Kong. Consultation over a period of nine months was launched on 2006-07-19 and stirred considerable controversy.
Goods and Services Tax (Abbreviation: GST; Chinese: 消费税) was introduced in Singapore on April 1, 1994 at 3%, but later increased to 4% on January 1,2003 and 5% on January 1,2004. It is slated to rise to 7% though it is yet to be implemented.
