Being well informed about your requirements and harmonizing the new regulations with your systems will ensure you are better prepared to minimize your tax exposure and position your business for financial success.
Here's what you need to know:
In an effort to achieve greater efficiencies, the provincial governments of Ontario and British Columbia are harmonizing their respective Provincial Sales Tax (PST) with the federal Goods and Services Tax (GST). If you are registered for the GST, you are automatically registered for the HST. This combined tax is comparable to the HST that exists in the Maritime Provinces that harmonized their sales taxes with the GST more than a decade ago. Effective July 1, 2010, B.C.’s and Ontario’s PST will be replaced by the HST. From this date forward, all sales of goods, services, certain real property and intangibles “supplied” in B.C. and Ontario will be taxed at 12% HST and 13% HST respectively.
Please view our rate tables to get a better understanding on how the rates will look for each Canadian province.
If your business is located in Alberta, Saskatchewan or Manitoba, and you buy or sell goods, services or intangible property outside of your provincial borders, HST affects you. Click here to find out more.
While the provinces tout the benefits of combining these taxes, such as reducing compliance costs and attracting new investment and jobs, you need to be aware of the specific issues that will affect you. Read our frequently asked questions, articles and blog to find out how you and your business will be impacted by the HST:
The requirements surrounding the HST transitions are complex. Visit our frequently asked questions section to learn more. View FAQ 
MNP's HST experts are featured in a wide range of publications across Canada. Browse our articles section to get valuable insights into how you can better prepare for the transition and how your business could be affected. View articles
Visit our blog for the MNP perspective on HST and how it can affect you and your business. View blog
For information on how HST affects the following groups and industries, please explore one of the links below:
The rules surrounding the HST transition are complex. To find out how MNP can help you successfully manage the transition, please contact a you local MNP Tax advisor.
Additional helpful links:
www.gov.bc.ca/hst/
www.rev.gov.on.ca/en/taxchange/index.html
www.cra-arc.gc.ca/esrvc-srvce/tx/bsnss/gsthstrgstry/menu-eng.html