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.
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.
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
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.
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.
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.
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.
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.
There are now two tax rates which are applicable to motor vehicle tires of different sizes.
Transitional rules are required to determine which tax rate will apply to transactions that straddle the October 1 implementation date.