Thefederal tax of Canada is the GST, which applies to almost all goods and services within the country. This tax is managed by the Canada Revenue Agency and results in a 5 percent charge on supplies purchased in Canada unless they are zero-rated or exempt. PST is dependent on region This...
GST is also a multi-stage tax but levied at every point of sale. VAT is commonly used in the European Union (EU). GST, on the other hand, is more commonly used in countries like India, Malaysia, Singapore, New Zealand, and Canada (where it coexists with provincial sales taxes). VAT...