Stock Investment Advice - 10 Winning Tips

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In Canada, exports are "zero-rated" sales for Grams.S.T. purposes. This means that when you ship anything to someone outside Canada, you don't charge W.S.T. Yet, you get to claim (or deduct out 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 export. The idea, I suppose, is to encourage transferring.

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