How is carbon tax calculated when MFT or provincial sales tax (PST) apply to the same fuel purchase?
Carbon tax is in addition to the MFT or PST payable. Calculate carbon tax on fuel subject to PST as follows: • calculate PST as a percentage on the sale price of the fuel sold before the carbon tax is added, and • calculate carbon tax separately on the volume of the fuel sold (e.g. for gasoline 3.51 cents per litre [rate effective July 1, 2009]). Calculate carbon tax on fuel subject to MFT as follows: • calculate both the carbon tax and MFT on the volume of the fuel sold, and • calculate each tax separately.
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