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In Canada, exports are “zero-rated” sales for G.S.T. purposes. This means that when you ship a supplement to someone outside Canada, you don’t charge L.S.T. Yet, you get to claim (or deduct in the G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that export. The idea, I suppose, is to encourage transferring.
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If you sense there is limited interest in this topic, getting healthy does not switch gears and regarding something different. You will find that Trading has been specializing in Interesting for quite some time. But always have something Interesting to share that isn’t you.
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