Search
Results displayed are the past two years only, search News Archives for older releases.
Displaying 1 - 30 of 31.Results
Revenue Tax Guide 186: Temporary Recapture of Certain Provincial Input Tax Credits
2016-09-23
This Guide provides general descriptions of the temporary recapture of input tax credits (RITC) requirement that will apply as a result of the introduction of the Harmonized Sales Tax (HST) in Prince Edward Island (PEI). The RITC requirement will be proposed to be implemented by way of regulations...
Revenue Tax Guide 187: Streamlined Accounting Methods
2016-06-29
On April 1, 2013, Prince Edward Island implemented the harmonized sales tax (HST) at a rate of 14 per cent - combining the existing five per cent federal goods and services tax (GST) with a nine per cent PEI component. This guide provides information on the streamlined accounting methods available...
Revenue Tax Guide 198: Application of Retail Sales Tax - Purchase of Designated Property
2016-06-29
Effective April 1, 2013, the Province has harmonized its sales tax with the federal goods and services tax. As part of the implementation of the harmonized sales tax (HST) the Province has enacted a new Retail Sales Tax Act which, in part, provides for a tax to be levied on the private transfer of...
Revenue Tax Guide 197: Point-of-Sale Rebates for Prince Edward Island HST
2016-06-29
A point-of-sale rebate of the PEI component of the HST paid on heating oil, children’s clothing, children’s footwear and books will be provided.
This guide provides information on the point-of-sale rebate of the nine per cent PEI component of the HST.
Revenue Tax Guide 188: Taxable Property and Services to PEI Government Entities
2016-06-29
Under the Canada-Prince Edward Island Comprehensive Integrated Tax Coordination Agreement (CITCA), PEI has agreed that, effective April 1, 2013, all PEI government departments, agencies, boards, commissions and Crown corporations will pay HST on their purchases of taxable property and services.
Environment Tax Notice 105: Environment Tax - Definition of New Tire
2016-06-29
The definition of a “new tire” was revised in June 1992. The revised definition of a "new tire” states that a tire is considered to be new until after its first purchase at a retail sale in the province.
Environment Tax Notice 106: First Nations Tax Exemption
2016-06-29
The purpose of this notice is to provide vendors with information on the application of environment tax (tire tax) to purchases of tires by First Nation individuals.
Environment Tax Notice 104: Environment Tax
2016-06-29
Effective April 10, 1991 the Province introduced an environment tax on all new pneumatic tires purchased or consumed in Prince Edward Island. This Environment Tax Notice outlines the application of the tax and the procedures for collecting and remitting the tax.
Environment Tax Notice 103: General Instructions for Vendors
2016-06-29
This notice is prepared to assist vendors registered under the Environment Tax Act to meet their obligations in relation to the collection and remittance of environment tax.
Environment Tax Notice 102: Environment Tax Commissions
2016-06-29
Registered vendors which reported $10,000 or less in environment tax in the prior fiscal year of the Province will continue to be eligible for a commission. However, the maximum commission allowed will be $300 per fiscal year of the Province.