Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Does Goods and Services Tax – GST Mean?

April 26, 2017Education glossary GST Investment mean Services tax tutorials

0

Posted

What Does Goods and Services Tax – GST Mean?

1 Answer

0

Posted

A Canadian value-added tax levied on most goods and services sold for domestic consumption. The tax is levied in order to provide revenue for the federal government. The Goods and Services Tax is paid by consumers, but it is levied and remitted to the government by businesses.

What Does Goods and Services Tax - GST Mean?
What Does Proportional Tax Mean?
What Does Luxury Tax Mean?