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Canada Newfoundland raises HST to 15% 2016

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The Canadian province of Newfoundland and Labrador is to increase its Harmonized Sales Tax (‘HST’) rate from 13% to 15% on 1 January 2016. Canadian HST is made up of local Provincial Sales Tax (PST) and federal Goods & Services Tax (GST). Newfoundland is increasing its PST rate from 8% to 10%. The GST rate …

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