Carbon price not exempt from GST despite promise it be revenue neutral

Source: Mia Rabson, The Canadian Press, November 1, 2018 

 OTTAWA — The federal government’s impending national carbon price could bring in more than $250 million in GST revenues next year but Ottawa doesn’t intend to account for those funds in its rebate program.

A spokesman for Finance Canada says the government doesn’t believe Ottawa will see a “significant rise” in its net GST take even though the GST will be charged on top of the carbon levy.

Read full article here….

Image Source: CTV News 

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