Registration for GST favours a business because -
A) it increases revenue as customers pay more for the products and services
B) it makes the tax reports easier to prepare
C) it allows a business credits for the GST it pays for business-related expenses
D) there are no advantages to registering for GST
Correct Answer:
Verified
Q1: Sales taxes on good and services in
Q2: HST rates -
A)are the same for all
Q4: Items that are not taxable for GST
Q5: Which of the following statements is true
Q6: PST paid by a business on business-related
Q7: Businesses must register for GST and apply
Q8: HST (Harmonized Sales Tax)differs from GST in
Q9: Provincial sales taxes -
A)apply at the same
Q10: Provinces that apply HST -
A)have an HST
Q11: The percentage tax rate applied for the
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