Edelkoort Smethurst Schein CPA’s LLP – April 2010 e-Newsletter

Newsletter Content • Latest News • Bill 198 and IFRS • IFRS – IAS 37 – Provisions, Contingent Liabilities and Contingent Assets • Ontario HST Read More

Ontario HST – How to Prepare for Implementation

Effective July 1, 2010, Ontario’s Retail Sales Tax (RST) be replaced with the Ontario Harmonized Sales Tax (HST). The HST will have a combined tax rate of 13 per cent — combining the existing five per cent federal Goods and Services Tax (GST) and an eight per cent Ontario component. The HST will be administered by the Canada Revenue Agency. Read More