Things Children Can Teach Us About Business

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In Canada, exports are "zero-rated" sales for D.S.T. purposes. This means right after you ship a product to someone outside Canada, you don't charge L.S.T. Yet, you get declare (or deduct from the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that upload. The idea, I suppose, is to encourage exporting.

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