Revenue Tax Guide 198: Application of Retail Sales Tax - Purchase of Designated Property
Effective April 1, 2013, the Province has harmonized its sales tax with the federal goods and services tax.
Effective April 1, 2013, the Province has harmonized its sales tax with the federal goods and services tax.
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 prop
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.
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.
There are now two tax rates which are applicable to motor vehicle tires of different sizes.
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.
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.
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 ac
Transitional rules are required to determine which tax rate will apply to transactions that straddle the October 1 implementation date.
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.