Newfoundland and Labrador Reinstates HST Book Rebate | KPMG | GLOBAL

Newfoundland and Labrador Reinstates HST Book Rebate

Newfoundland and Labrador Reinstates HST Book Rebate

Newfoundland and Labrador will reinstate the point-of-sale HST book rebate.

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This rebate applies to the provincial component of the HST for qualifying printed books, effective January 1, 2018. As a result, suppliers of qualifying printed books in Newfoundland and Labrador will generally be able to provide their customers with a point-of-sale rebate equal to the 10% provincial component of the HST for tax that is paid or becomes payable after 2017.

Earlier in 2017, Newfoundland and Labrador announced it would reinstate the point-of-sale rebate for books after it was recently eliminated. 

For more information, contact your KPMG adviser.

Information is current to December 19, 2017. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour 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 upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500
 

© 2018 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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