Do all businesses have to collect the harmonized tax?
No. Businesses which have annual taxable or zero-rated sales of less than $30,000 have the option of whether to register to collect the tax. Only businesses that are registered, however, may claim input tax credits. A business currently registered for GST will automatically be registered for the HST.
Related Questions
- Do individuals who do not have official businesses have to collect the tax (for example, I am an individual non-employee consultant who receives a 1099-MISC from my clients for my charges to them)?
- Why don all out-of-state businesses collect use tax for other states?
- Do all businesses have to collect the harmonized tax?