GST

E52216
consumption tax value-added tax

GST (Goods and Services Tax) is a value-added consumption tax levied on most goods and services sold for domestic use in Canada.

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Observed surface forms (4)

Surface form Occurrences
GST (Canada) 1
Harmonized Sales Tax (HST) 2
TPS (Canada) 0

Statements (47)

Predicate Object
instanceOf consumption tax ⓘ
value-added tax ⓘ
administeredBy Canada Revenue Agency ⓘ
appliesAtPointOf sale of taxable supplies ⓘ
appliesTo most goods sold for domestic use in Canada ⓘ
most services sold for domestic use in Canada ⓘ
calculationMethod applied to the selling price of taxable supplies ⓘ
collectedBy businesses registered for GST ⓘ
collectionMethod self-assessment and vendor collection ⓘ
combinedForm GST self-linksurface differs ⓘ
surface form: Harmonized Sales Tax (HST)
combinedWith provincial sales taxes in some provinces ⓘ
country Canada ⓘ
economicIncidence intended to fall on consumers ⓘ
equivalentTo GST self-linksurface differs ⓘ
surface form: GST (Canada)
exemptionsInclude certain educational services ⓘ
certain financial services ⓘ
certain health care services ⓘ
exportTreatment many exports are zero-rated ⓘ
fullName GST self-linksurface differs ⓘ
surface form: Goods and Services Tax
importTreatment GST generally applies to imported goods ⓘ
inputTaxCredit allows businesses to recover GST paid on business inputs ⓘ
introducedBy Canadian federal government (Ottawa) ⓘ
surface form: Government of Canada
isComponentOf Canadian sales tax system ⓘ
language English abbreviation ⓘ
French abbreviation for Taxe sur les produits et services ⓘ
legalBasis Excise Tax Act (Canada) ⓘ
leviedOn value added at each stage of production and distribution ⓘ
mechanism input tax credit system ⓘ
payer final consumer ⓘ
policyObjective broaden the tax base ⓘ
reduce distortions from previous manufacturers’ sales tax ⓘ
purpose raise federal government revenue ⓘ
tax consumption rather than income ⓘ
rateType single federal rate ⓘ
registrationRequirement businesses over a specified taxable revenue threshold must register ⓘ
relatedTo GST self-linksurface differs ⓘ
surface form: Harmonized Sales Tax (HST)

Provincial Sales Tax (PST) ⓘ
remittedTo Canadian federal government (Ottawa) ⓘ
surface form: federal government of Canada
replaced Manufacturers’ Sales Tax (Canada) ⓘ
returnFiling registered businesses must file periodic GST returns ⓘ
scope nationwide in Canada ⓘ
startDate 1991-01-01 ⓘ
taxBase domestic consumption in Canada ⓘ
taxType federal tax ⓘ
zeroRatedSuppliesInclude basic groceries ⓘ
certain medical devices ⓘ
prescription drugs ⓘ

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

GST → combinedForm → GST self-linksurface differs ⓘ
subject surface form: GST (Canada)
this entity surface form: Harmonized Sales Tax (HST)
GST → equivalentTo → GST self-linksurface differs ⓘ
subject surface form: TPS (Canada)
this entity surface form: GST (Canada)
GST → fullName → GST self-linksurface differs ⓘ
subject surface form: GST (Canada)
this entity surface form: Goods and Services Tax
GST → relatedTo → GST self-linksurface differs ⓘ
subject surface form: GST (Canada)
this entity surface form: Harmonized Sales Tax (HST)