Top 10 BC Liberal Myths about the #HST
Apr 24, 2010 Details
Top 10 BC Liberal Myths about the HST:
MYTH #1 – The HST legislation cannot be undone
FALSE: Page 11, Section 42 of the Comprehensive Integrated Tax Coordination Agreement (CITCA) that BC signed with Ottawa to create the HST says: “The terms and conditions of this Agreement will continue in full force and effect, in accordance with and subject to the provisions of this Part, until the date that is specified by a Party in written notice that is delivered to the other Party setting out the Party’s desire to terminate this Agreement.”
Other provinces have adopted and later repealed the HST. Saskatchewan adopted the HST back in 1989, and two years later, after an election, the HST was repealed by the new government. Read the rest of this entry »
Tags: coordination agreement, federal government, full force, government business, GST, HST, input tax credits, liberal myths, mathematical experts, ottawa, provisions, rebates, saskatchewan, seniors, single tax, tax coordination, tax form, taxation, trading partners




