PST

Also written as provincial sales tax.

Definition

Provincial Sales Tax. A separate retail sales tax charged in BC (7%), SK (6%), and MB (7%). Not a value-added tax, no input credits.

Long reference

BC PST Overview

Citations, procedures, and worked examples for pst.

Related terms

GST

Goods and Services Tax. The 5% federal value-added tax on most supplies of goods and services in Canada.

QST

Quebec Sales Tax. A 9.975% value-added tax in Quebec, administered separately from GST by Revenu Quebec.