Canada: HST increase to 15% in New Brunswick | KPMG | GLOBAL

Canada: Transition rules, HST increase to 15% in New Brunswick

Canada: HST increase to 15% in New Brunswick

The government of New Brunswick released general descriptions of the transitional rules for the proposed increase of the rate of harmonized sales tax (HST) to 15% (from 13%) effective 1 July 2016.


Related content

Businesses across Canada, as well as non-resident businesses that are registered for GST/HST, need to consider these new rules, particularly if they are required to collect New Brunswick HST on their sales or if they are subject to special rules for financial institutions. Businesses and other organizations need to examine their systems and processes so that they are adjusted to reflect the upcoming HST rate increase.  


Read an April 2016 report [PDF 75 KB] prepared by the KPMG member firm in Canada: New Brunswick — Transitional Rules for Upcoming HST Increase to 15%

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal