Tax & Accounting Blog

BC Voters choose PST

Indirect Tax, ONESOURCE, Transaction Tax, VAT-GST Management September 1, 2011

Submitted by guest blogger Anil Kuruvilla.

On August 26, 2011, British Columbia voters decided to return to the PST/GST system.  The Finance Minister, Kevin Falcon, stated that the reintroduction will take 18 months and has set a target date of March 31, 2013.  Until the PST is reintroduced the HST will remain in effect at 12%.  The government in the coming weeks will release more information for its plans for the PST reintroduction with its first report due on September 15, 2011.

Please see: for more information.