Steps To Starting A Small Business
In many provinces or states, taxable goods are subject to sales tax. Any person or firm who, in the ordinary course of their business, sells tangible goods to a purchaser for use or provides an eligible service, must register with the Tax Administration Branch of their provincial or state government. This branch provides a sales tax registration number and remittance forms.
Sales tax is remitted regularly with a summary form provided by the provincial government.
There are various tax exemptions available for many sectors of the economy. There are also tax exemptions for specific types of goods such as fuels, food and clothing.