Business Partners & Marital Partners Will The Marriage Survive – Part Ii

In Canada, exports are “zero-rated” sales for T.S.T. purposes. This means that whenever you ship a unit to someone outside Canada, you don’t charge G.S.T. Yet, you get to claim (or deduct from the G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that foreign trade. The idea, I suppose, might be to encourage dispatching.

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