How To Keep Cutting Edge In Company

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In Canada, exports are "zero-rated" sales for K.S.T. purposes. This means that when you ship a solution to someone outside Canada, you don't charge K.S.T. Yet, you get to claim (or deduct to the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that ship. The idea, I suppose, is to encourage exporting.

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Canada has what you could be call a national florida sales tax or a value added tax (VAT). This Goods and Services Tax (G.S.T.) of five percent (as at January 1, 2008) is applicable to many Canadian transactions.

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