Canada's GST: Streamlining Tax Collection and Boosting Economy with Value-Added Tax on Goods and Services.

Canada's Goods and Services Tax (GST) is a value-added tax applied to most goods and services, aimed at streamlining tax collection and enhancing the economy. It simplifies the taxation process by consolidating various sales taxes into a single tax, thereby reducing administrative burdens and improving compliance. The GST is designed to be a transparent and efficient system that helps boost economic activity by ensuring a consistent tax structure across the country. This approach not only facilitates trade but also provides a stable revenue source for the government. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X