Whistler Real Estate Listings

The Harmonized Sales Tax (also known as the new BC HST) is 12% tax applicable to most goods and services, including new homes, real estate, and property. The new B.C. HST 12% Tax is the combination of the Federal Goods and Services Tax (5% GST) and the Provincial Sales Tax (7% PST). Implementation of the BC Harmonized Sales Tax will take place on July 1, 2010. The BC HST is NOT a 12% real estate tax, but a provincial harmonized tax on most goods, services and consumer products including new homes. Currently, new BC and Vancouver homes are subject to 5% GST...

The Harmonized Sales Tax (also known as the new BC HST) is 12% tax applicable to most goods and services, including new homes, real estate, and property. The new B.C. HST 12% Tax is the combination of the Federal Goods and Services Tax (5% GST) and the Provincial Sales Tax (7% PST). Implementation of the BC Harmonized Sales Tax will take place on July 1, 2010. The BC HST is NOT a 12% real estate tax, but a provincial harmonized tax on most goods, services and consumer products including new homes. Currently, new BC and Vancouver homes are subject to 5% GST (fed...

What’s Taxable under the HST and What’s Not? Here are some examples of common products and services purchased by British Columbians and how they will be affected by the HST. This is not an exhaustive list of all goods and services. Input tax credits apply under the GST/HST to items purchased for use in business.  For further information on input tax credits, please go to:    http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/bspsbch/itc-cti/menu-eng.html . For further information on the application of the GST/HST, please go to:   http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/gnrl/menu-eng.html. For further information on the application of the PST, please go to:   http://www.sbr.gov.bc.ca/individuals/Consumer_Taxes/Provincial_Sales_Tax/bulletins.htm . For information on HST transition rules, please go to: http://hst.blog.gov.bc.ca/2010/04/01/learn-more/