Sales Tax Harmonization

View this page in: Français

Preparation for incoming value added tax systems must begin now

Any corporation that conducts business in Ontario and British Columbia will be impacted by the provinces' decision to harmonize their sales tax systems with the Goods and Services Tax (GST) on July 1, 2010. The key to a smooth transition to the new system will be ensuring that all areas of your business are prepared for the changeover and you adequately assess the transition's impact.

How PricewaterhouseCoopers can help

Without adequate preparation, harmonization may raise issues that unexpectedly affect your company. PricewaterhouseCoopers' Indirect Tax Harmonization team has significant experience with Atlantic Canada's HST implementation and can help you address similar hurdles with Ontario and BC's HST implementations. Our team will provide on-going coverage of the transitional rules and assess their impact on your industry beginning with the publications below. We will also assist you with the most effective conversion for your company.

Tax Memo: HST Transitional Rules for Ontario and British Columbia Released
Read our Tax Memo to learn how the transitional rules will affect the application of the HST on the sale of goods, services and other areas in Ontario and BC.

Commodity Clips, 2009 Issue 5
This issue of PwC’s Commodity Clips discusses the effect of harmonization on the financial sector and tax developments across Canada, in Mexico and the European Union.

Commodity Clips, 2009 Issue 4
This issue covers the following: sales tax harmonization, social service tax, retail sales tax, sales tax, customs, European Union VAT.

Tax Memo: British Columbia Sales Tax Harmonization
BC's minister of finance announced the province will harmonize its sales tax system on July 1, 2010. This PwC Tax Memo analyzes the impact of the announcement on your business.

In Print: Ontario PST Harmonization
This article discusses the characteristics of the proposed Ontario Value-Added Tax (VAT).

In Print: Ontario to Harmonize their Sales Tax with the GST
Learn how Ontario's harmonized tax system will impact the information technology (IT) sector.

Tax Memo: Application of Ontario's Single Sales Tax to New Homes
A new Ontario bulletin confirms province's 2009 budget announcement concerning a new single sales tax launch on July 1, 2010. The bulletin introduces rebates, transitional rules and disclosure requirements.

Insurance Review: Spring 2009
The Spring 2009 edition of PwC's Insurance Review discusses managing fraud during an economic crisis, vendor management, Ontario sales tax harmonization, and the risks insurers face.

In Print: Goods and Services Tax Reaches a Difficult Age
This PwC In Print issue identifies the GST's successes and failures.

In Print: HST and Retail Issues
This PwC 1997 CICA Symposium paper details why tax inclusive pricing remains a risk for "PST provinces" such as Ontario, that will proceed with melding sales taxes with the GST.

Commodity Clips, 2009 Issue 2
This issue covers the following: provincial budget highlights, British Columbia budget, Manitoba budget, Ontario budget, Quebec budget.

2009 Ontario Budget
Ontario Finance Minister Dwight Duncan presented the province’s 2009 budget on Tuesday, March 26, 2009. Read PwC's analysis of the budget.

Tax Memo: Ontario Sales Tax Harmonization
Read PwC's industry-specific Tax Memos to learn the impact of the HST on your Ontario-based business and how to plan for transition.

Developments: SR&ED Planning for Ontario Corporate Tax Harmonization
This Developments issue highlights the key and opportunities issues facing SR&ED claimants after the harmonization of the Ontario and federal corporate tax systems.

Ontario Corporate Tax Harmonization for Insurance Companies
This Tax Memo addresses Ontario corporate tax harmonization issues that affect insurance companies.

Insurance Review, Year-end 2007
The Centre for the Study of Financial Innovation earlier this year completed its inaugural Insurance Banana Skins survey of leading members of the insurance industry to find out their concerns about the soundness of the financial markets.