To attract shoppers, retailers occasionally advertise something like "Pay no HST!" Needless to say, neither the federal nor the provincial government is willing to forego its sales tax. In this situation, the retailer must calculate and remit the HST as though the "ticket" price already includes these sales taxes. How much HST must a Newfoundland retailer report on a $629 item that he sells on a Pay-No-HST basis?

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The Answer of To attract shoppers, retailers occasionally advertise something like "Pay no HST!" Needless to say, neither the federal nor the provincial government is willing to forego its sales tax. In this situation, the retailer must calculate and remit the HST as though the "ticket" price already includes these sales taxes. How much HST must a Newfoundland retailer report on a $629 item that he sells on a Pay-No-HST basis?

To Attract Shoppers, Retailers Occasionally Advertise Something Like "Pay No