The document provides examples of how common products and services will be taxed under Ontario's new Harmonized Sales Tax (HST), comparing the previous Goods and Services Tax (GST) and Retail Sales Tax (RST) rates. For many items like clothing, prepared food, and vehicle repairs, the tax rate will remain unchanged at 13%. However, some services like electricity, internet access, and massages will see the tax rate increase to 13% with the introduction of the HST. The tax changes are part of a comprehensive tax package that provides $11.8 billion in tax relief to Ontario residents over three years.
The document provides examples of how common products and services in Ontario will be affected by the new Harmonized Sales Tax (HST), outlining whether each item was subject to GST and/or RST previously and if the total amount of tax payable will change under the HST. Key categories covered include clothing, food/beverages, home services, vehicles, health products, memberships and entertainment, leases/rentals, electronics, and professional services. For most items, the tax amount will remain the same at 13% but some, like electricity and domestic travel, will see the rate increase to 13% under HST.
The document provides examples of how common products and services in Ontario will be affected by the new Harmonized Sales Tax (HST), outlining whether each item was subject to GST and/or RST previously and if the total amount of tax payable will change under the HST. Key examples given include clothing, food/beverages, home services, vehicles, health products, memberships and electronics. The HST will combine the federal GST and provincial RST into a single 13% sales tax for most goods and services.
The federal tax system is progressive, with average tax rates generally rising with income. In 2007, households in the lowest quintile paid 4.0% of income in taxes, the middle quintile paid 14.3%, and the highest quintile paid 25.1%. Higher-income groups earn a disproportionate share of pre-tax income and pay a higher share of federal taxes. Much of the progressivity comes from the individual income tax, with social insurance taxes being the largest burden for most households. Tax rates vary by household type due to differences in income and tax rules.
This 3-page document from the Congressional Budget Office summarizes trends in household income in the United States from 1979 to 2007. It includes 6 charts showing: 1) growth in average after-tax income by income group, 2) measures of income inequality, 3) distribution of transfers by market income, 4) federal taxes as a percentage of income by group, 5) progressivity of individual income taxes, and 6) progressivity of all federal taxes. The presentation provides data from their October 2011 report on changes in the distribution of household income over time.
This presentation is about talking on a person-to-person level about the safe, healthy, and vibrant, communities that we all want, the public structures that we build and maintain to make them that way, and how to talk to your friends and neighbors about the funding that helps us maintain those public structures.
This chapter examines decisions made by public sector entities like politicians, bureaucrats and voters. It discusses how government expenditures have grown as a percentage of GDP since the 1950s, primarily due to increased spending on transfer programs. Federal tax revenues, especially individual income and payroll taxes, are the primary source of funding. The US has a lighter tax burden compared to other advanced countries when measured as a percentage of GDP. The chapter also covers principles of taxation like benefits received and ability to pay. It analyzes factors that can lead to inefficient government outcomes under public choice theory.
- The Toronto real estate market started 2013 with a slight decline in home sales compared to the previous year, but the rate of decline was much lower than in the second half of 2012, suggesting buyers are becoming active again.
- Detached homes in 416 saw a 2.7% increase in average price from the previous January, while 905 detached homes saw a 6.8% increase. Overall average home prices rose 4.3% year-over-year.
- The TREB president expects continued annual price growth in the 3-5% range for 2013, with enough buyer competition to support price increases.
- While home sales in Toronto were down in August, average home prices rose 6.5% year-over-year to $479,095, driven by a 15% increase in prices of low-rise homes like detached houses in the city.
- Market conditions remained tight with high demand and few listings, suggesting price growth will continue.
- Stricter mortgage rules, higher prices, and the Toronto land transfer tax were factors in the sales decrease.
The document provides examples of how common products and services in Ontario will be affected by the new Harmonized Sales Tax (HST), outlining whether each item was subject to GST and/or RST previously and if the total amount of tax payable will change under the HST. Key categories covered include clothing, food/beverages, home services, vehicles, health products, memberships and entertainment, leases/rentals, electronics, and professional services. For most items, the tax amount will remain the same at 13% but some, like electricity and domestic travel, will see the rate increase to 13% under HST.
The document provides examples of how common products and services in Ontario will be affected by the new Harmonized Sales Tax (HST), outlining whether each item was subject to GST and/or RST previously and if the total amount of tax payable will change under the HST. Key examples given include clothing, food/beverages, home services, vehicles, health products, memberships and electronics. The HST will combine the federal GST and provincial RST into a single 13% sales tax for most goods and services.
The federal tax system is progressive, with average tax rates generally rising with income. In 2007, households in the lowest quintile paid 4.0% of income in taxes, the middle quintile paid 14.3%, and the highest quintile paid 25.1%. Higher-income groups earn a disproportionate share of pre-tax income and pay a higher share of federal taxes. Much of the progressivity comes from the individual income tax, with social insurance taxes being the largest burden for most households. Tax rates vary by household type due to differences in income and tax rules.
This 3-page document from the Congressional Budget Office summarizes trends in household income in the United States from 1979 to 2007. It includes 6 charts showing: 1) growth in average after-tax income by income group, 2) measures of income inequality, 3) distribution of transfers by market income, 4) federal taxes as a percentage of income by group, 5) progressivity of individual income taxes, and 6) progressivity of all federal taxes. The presentation provides data from their October 2011 report on changes in the distribution of household income over time.
This presentation is about talking on a person-to-person level about the safe, healthy, and vibrant, communities that we all want, the public structures that we build and maintain to make them that way, and how to talk to your friends and neighbors about the funding that helps us maintain those public structures.
This chapter examines decisions made by public sector entities like politicians, bureaucrats and voters. It discusses how government expenditures have grown as a percentage of GDP since the 1950s, primarily due to increased spending on transfer programs. Federal tax revenues, especially individual income and payroll taxes, are the primary source of funding. The US has a lighter tax burden compared to other advanced countries when measured as a percentage of GDP. The chapter also covers principles of taxation like benefits received and ability to pay. It analyzes factors that can lead to inefficient government outcomes under public choice theory.
- The Toronto real estate market started 2013 with a slight decline in home sales compared to the previous year, but the rate of decline was much lower than in the second half of 2012, suggesting buyers are becoming active again.
- Detached homes in 416 saw a 2.7% increase in average price from the previous January, while 905 detached homes saw a 6.8% increase. Overall average home prices rose 4.3% year-over-year.
- The TREB president expects continued annual price growth in the 3-5% range for 2013, with enough buyer competition to support price increases.
- While home sales in Toronto were down in August, average home prices rose 6.5% year-over-year to $479,095, driven by a 15% increase in prices of low-rise homes like detached houses in the city.
- Market conditions remained tight with high demand and few listings, suggesting price growth will continue.
- Stricter mortgage rules, higher prices, and the Toronto land transfer tax were factors in the sales decrease.
Despite some rain, the Toronto real estate market saw positive results in April with an increase in both sales and average selling price compared to the previous year. While sales dipped slightly, the average home price rose 2% to $526,335. The condominium apartment segment was a key driver of price growth. Real estate agents anticipate continued strengthening of demand for homeownership over the rest of the year as buyers who delayed purchases are now returning to the market. Strategies like pre-screening buyers help agents bring only qualified prospects to sellers.
Prices for all home types continued to rise in March 2013 compared to the previous year according to the Toronto Real Estate Board. While sales volumes decreased year-over-year for all home types, average prices increased between 1.7-5.4% depending on the type. Detached homes saw the largest price increase of 4% to $658,118. The president of TREB noted that demand remains strong despite tighter lending rules, but a shortage of listings has led to bidding wars in some neighborhoods. All home types experienced both rising prices and different sales patterns in 2013.
Home prices rose in 2012 despite a slight drop in home sales. While sales were strong in the first half of the year, they declined in the second half due to stricter mortgage guidelines and additional taxes. Price growth was strongest for detached and semi-detached homes, which remained in high demand. Overall, the Toronto real estate market remained healthy in 2012 despite some challenges.
- Home sales in the Greater Toronto Area dropped 5.4% in June 2012 compared to June 2011, with condo sales falling 18%. However, average home prices rose 7.3% to $508,622.
- While sales dipped, the housing market remains affordable according to new mortgage guidelines, with average housing costs accounting for about 35% of average household income in the GTA.
- The sales slowdown represents a needed breather for the Toronto real estate market after long period of rising home prices and sales activity.
Sales, new listings, and average home prices in the Greater Toronto Area increased substantially in May 2012 compared to the previous year. Sales grew 11% overall with the strongest growth in regions surrounding Toronto. New listings also rose more than 20%. The average home price increased 6.5% to $516,787. While price growth for low-rise homes was strong, the real estate board representative noted that if new listings continue to increase, annual price growth will likely moderate.
The document discusses home sales data from the Toronto Real Estate Board (TREB) in February 2012. Some key points:
- The average home selling price in the Greater Toronto Area reached a new high of $502,508, an 11% increase from February 2011.
- Home sales increased 16% from the previous February while new listings rose 11%.
- With inventory levels relatively low, competition between buyers pushed prices up substantially. Price growth is expected to remain strong.
- TREB President Richard Silver commented that both buyers and sellers are aware of current tight market conditions, as homes sold for 99% of the average asking price.
- Home sales and average prices increased year-over-year in January 2012 across the Greater Toronto Area (GTA) for all major home types (detached, semi-detached, townhouse, condo). Detached homes saw the largest gains.
- Low mortgage rates and affordable housing have kept buyer demand strong, though limited inventory has also pushed prices up sharply over the past year. A better-supplied market is expected to moderate price growth in the second half of 2012.
- The average selling price in the GTA in January 2012 was $463,534, an increase of almost 9% from January 2011. Strong competition between buyers has supported robust price appreciation.
The document summarizes real estate market conditions in the Greater Toronto area in May 2011. It reports that home sales increased 6% compared to May 2010, making it the second best May on record. The average home price rose 9% to $485,520. A shortage of new listings contributed to a tightening of the market and stronger price growth. The robust price increases may eventually prompt more home owners to list their properties, balancing out the market later in the year. The newsletter provides this information along with advertisements for local real estate agents Melanie and Fabio Recine.
- Total home sales in the Greater Toronto Area (GTA) declined slightly in July 2012 compared to July 2011, with a 1.5% decrease. This was attributed to a decline in condominium sales in Toronto.
- The average home selling price in the GTA rose 4% year-over-year to $476,947 in July 2012. However, the MLS Home Price Index, which allows for an apples-to-apples price comparison, increased by a higher 7.1% over the same period.
- A TREB analyst said that with more housing supply in recent months, buyers had more options, reducing upward pressure on home prices in July compared to previous years.
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register to
great basic info for commercial real estateFabio Recine
This document provides an introduction to determining value in commercial real estate. It discusses that commercial value is based on the net operating income (NOI) of the property, which is income minus expenses. It also notes that commercial property value depends on both the physical building and the income stream from its business use. The document defines key terms like capitalization rate and cash on cash return. It emphasizes the importance of understanding the context and risks surrounding a property's income stream to fully assess its value.
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
How are the homes for sale in Woodbridge, Maple and Toronto doing?Fabio Recine
- The Toronto real estate market is improving with a 21% increase in home sales and 9.5% rise in average prices in June 2011 compared to June 2010. This indicates the market is recovering.
- The strong sales in June capped off an interesting first half of 2011 for the Toronto market. While sales were initially sluggish, they rebounded in May and June.
- With continued affordable prices and interest rates, buyers remain confident in purchasing homes. However, tighter inventory has increased competition between buyers and accelerated annual price growth in the second quarter.
This document advertises two real estate agents, Fabio Recine and Melanie Maranda Recine, who work at an independently owned brokerage office. It provides their names, titles as sales representatives, and the office phone number.
The housing market in the Greater Toronto Area is expected to have record sales and price growth in 2010, but both sales and prices will begin to moderate in the second half of the year and into 2011. New home sales will increase to 42,000 units in 2010, with high-rise sales jumping 50% and housing starts rising 34% to 36,400 units. The unemployment rate in Toronto will fall slightly to an average of 9% in 2010 as employment gains push the rate lower in 2011, supporting homeownership demand.
The document provides 50 strategies for maximizing the appeal of a home for sale. It covers preparing helpful information for buyers, creating a warm interior mood, tidying overlooked interior areas, sprucing up the exterior, storing goods, and final preparations. Suggestions include providing photos, bills, warranties and community documents, using lighting, music and scents, tidying furniture, floors, and beds, and ensuring the yard and windows are clean and tidy. The goal is to make the home inviting and to minimize any potential negatives that could turn away buyers.
The document provides an overview of the Home Buyers' Plan (HBP) which allows eligible individuals to withdraw up to $20,000 from their registered retirement savings plans to purchase or construct a qualifying home. Key conditions for participating in the HBP include entering into an agreement to buy or build a home, intending to occupy the home as your principal residence, and repaying withdrawals within 15 years. The document outlines the eligibility rules and repayment requirements in detail.
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
Despite some rain, the Toronto real estate market saw positive results in April with an increase in both sales and average selling price compared to the previous year. While sales dipped slightly, the average home price rose 2% to $526,335. The condominium apartment segment was a key driver of price growth. Real estate agents anticipate continued strengthening of demand for homeownership over the rest of the year as buyers who delayed purchases are now returning to the market. Strategies like pre-screening buyers help agents bring only qualified prospects to sellers.
Prices for all home types continued to rise in March 2013 compared to the previous year according to the Toronto Real Estate Board. While sales volumes decreased year-over-year for all home types, average prices increased between 1.7-5.4% depending on the type. Detached homes saw the largest price increase of 4% to $658,118. The president of TREB noted that demand remains strong despite tighter lending rules, but a shortage of listings has led to bidding wars in some neighborhoods. All home types experienced both rising prices and different sales patterns in 2013.
Home prices rose in 2012 despite a slight drop in home sales. While sales were strong in the first half of the year, they declined in the second half due to stricter mortgage guidelines and additional taxes. Price growth was strongest for detached and semi-detached homes, which remained in high demand. Overall, the Toronto real estate market remained healthy in 2012 despite some challenges.
- Home sales in the Greater Toronto Area dropped 5.4% in June 2012 compared to June 2011, with condo sales falling 18%. However, average home prices rose 7.3% to $508,622.
- While sales dipped, the housing market remains affordable according to new mortgage guidelines, with average housing costs accounting for about 35% of average household income in the GTA.
- The sales slowdown represents a needed breather for the Toronto real estate market after long period of rising home prices and sales activity.
Sales, new listings, and average home prices in the Greater Toronto Area increased substantially in May 2012 compared to the previous year. Sales grew 11% overall with the strongest growth in regions surrounding Toronto. New listings also rose more than 20%. The average home price increased 6.5% to $516,787. While price growth for low-rise homes was strong, the real estate board representative noted that if new listings continue to increase, annual price growth will likely moderate.
The document discusses home sales data from the Toronto Real Estate Board (TREB) in February 2012. Some key points:
- The average home selling price in the Greater Toronto Area reached a new high of $502,508, an 11% increase from February 2011.
- Home sales increased 16% from the previous February while new listings rose 11%.
- With inventory levels relatively low, competition between buyers pushed prices up substantially. Price growth is expected to remain strong.
- TREB President Richard Silver commented that both buyers and sellers are aware of current tight market conditions, as homes sold for 99% of the average asking price.
- Home sales and average prices increased year-over-year in January 2012 across the Greater Toronto Area (GTA) for all major home types (detached, semi-detached, townhouse, condo). Detached homes saw the largest gains.
- Low mortgage rates and affordable housing have kept buyer demand strong, though limited inventory has also pushed prices up sharply over the past year. A better-supplied market is expected to moderate price growth in the second half of 2012.
- The average selling price in the GTA in January 2012 was $463,534, an increase of almost 9% from January 2011. Strong competition between buyers has supported robust price appreciation.
The document summarizes real estate market conditions in the Greater Toronto area in May 2011. It reports that home sales increased 6% compared to May 2010, making it the second best May on record. The average home price rose 9% to $485,520. A shortage of new listings contributed to a tightening of the market and stronger price growth. The robust price increases may eventually prompt more home owners to list their properties, balancing out the market later in the year. The newsletter provides this information along with advertisements for local real estate agents Melanie and Fabio Recine.
- Total home sales in the Greater Toronto Area (GTA) declined slightly in July 2012 compared to July 2011, with a 1.5% decrease. This was attributed to a decline in condominium sales in Toronto.
- The average home selling price in the GTA rose 4% year-over-year to $476,947 in July 2012. However, the MLS Home Price Index, which allows for an apples-to-apples price comparison, increased by a higher 7.1% over the same period.
- A TREB analyst said that with more housing supply in recent months, buyers had more options, reducing upward pressure on home prices in July compared to previous years.
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register to
great basic info for commercial real estateFabio Recine
This document provides an introduction to determining value in commercial real estate. It discusses that commercial value is based on the net operating income (NOI) of the property, which is income minus expenses. It also notes that commercial property value depends on both the physical building and the income stream from its business use. The document defines key terms like capitalization rate and cash on cash return. It emphasizes the importance of understanding the context and risks surrounding a property's income stream to fully assess its value.
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
How are the homes for sale in Woodbridge, Maple and Toronto doing?Fabio Recine
- The Toronto real estate market is improving with a 21% increase in home sales and 9.5% rise in average prices in June 2011 compared to June 2010. This indicates the market is recovering.
- The strong sales in June capped off an interesting first half of 2011 for the Toronto market. While sales were initially sluggish, they rebounded in May and June.
- With continued affordable prices and interest rates, buyers remain confident in purchasing homes. However, tighter inventory has increased competition between buyers and accelerated annual price growth in the second quarter.
This document advertises two real estate agents, Fabio Recine and Melanie Maranda Recine, who work at an independently owned brokerage office. It provides their names, titles as sales representatives, and the office phone number.
The housing market in the Greater Toronto Area is expected to have record sales and price growth in 2010, but both sales and prices will begin to moderate in the second half of the year and into 2011. New home sales will increase to 42,000 units in 2010, with high-rise sales jumping 50% and housing starts rising 34% to 36,400 units. The unemployment rate in Toronto will fall slightly to an average of 9% in 2010 as employment gains push the rate lower in 2011, supporting homeownership demand.
The document provides 50 strategies for maximizing the appeal of a home for sale. It covers preparing helpful information for buyers, creating a warm interior mood, tidying overlooked interior areas, sprucing up the exterior, storing goods, and final preparations. Suggestions include providing photos, bills, warranties and community documents, using lighting, music and scents, tidying furniture, floors, and beds, and ensuring the yard and windows are clean and tidy. The goal is to make the home inviting and to minimize any potential negatives that could turn away buyers.
The document provides an overview of the Home Buyers' Plan (HBP) which allows eligible individuals to withdraw up to $20,000 from their registered retirement savings plans to purchase or construct a qualifying home. Key conditions for participating in the HBP include entering into an agreement to buy or build a home, intending to occupy the home as your principal residence, and repaying withdrawals within 15 years. The document outlines the eligibility rules and repayment requirements in detail.
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
Discover the Beauty and Functionality of The Expert Remodeling Serviceobriengroupinc04
Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
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Non Linear Optimization
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The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
1. What’s Taxable Under
the HST and What’s Not?
Answering your questions about Ontario’s Harmonized Sales Tax
Here are examples of common products and services and how they will be affected by the HST.
CLOTHING AND FOOTWEAR:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Adult Clothing 5% 8% No (remains 13%)
Children’s Clothing 5% No RST No (remains 5%)
Shoe Repair Service 5% 8% No (remains 13%)
Children’s Footwear 5% No RST if $30 or less No for footwear up to
size 6 (remains 5%)
Tailoring Services 5% 8% No (remains 13%)
Dry Cleaning Service 5% No RST Yes (changes to 13%)
FOOD AND BEVERAGES:
Did You Know?
6.6 million families and individuals in Ontario
will receive sales tax transition benefits in three
instalments over one year beginning in June 2010.
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Basic Groceries (e.g., Dairy, Meat, No GST No RST No HST
Vegetables, Canned goods)
Snack Foods (e.g., Chips, Pop) 5% 8% No (remains 13%)
Qualifying Prepared Food and 5% No RST No (remains 5%)
Beverages Sold for $4.00 or Less
Restaurant Meals for More 5% 8% No (remains 13%)
than $4.00
Alcoholic Beverages 5% 10-12% HST 13%1
1
Although sales tax on alcohol is decreasing, other alcohol fees and taxes are changing to continue to support social responsibility.
page 1
2. HOME SERVICES:
Did You Know?
93 per cent of all homes sold in Ontario, on
average, will not be subject to an additional tax
amount under HST.
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Cable Television Services 5% 8% No (remains 13%)
Cell Phone Services 5% 8% No (remains 13%)
Municipal Water No GST No RST No HST
Home Maintenance Equipment 5% 8% No (remains 13%)
Home Phone Services 5% 8% No (remains 13%)
Home Service Calls to Repair 5% 8% No (remains 13%)
Free-Standing Appliances such as
Stoves, Refrigerators, Washers,
Dryers, and Televisions
Home Insurance No GST 8% No (remains 8%)
Electricity and Heating 5% No RST Yes (changes to 13%)
(e.g., Natural Gas/Oil for Home)
Internet Access Services 5% No RST Yes (changes to 13%)
Home Service Calls by Electrician/ 5% No RST Yes (changes to 13%)
Plumber/Carpenter to Maintain or
Repair Furnace, Leaky Faucets,
Bathtub, Toilet, Electrical Wiring, etc.
Landscaping, Lawn-Care and 5% No RST Yes (changes to 13%)
Private Snow Removal
ACCOMMODATION AND TRAVEL:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Luggage, Briefcases, Bags, etc. 5% 8% No (remains 13%)
Municipal Public Transit No GST No RST No HST
GO Transit No GST No RST No HST
Hotel Rooms 5% 5% Yes (changes to 13%)
Taxis 5% No RST Yes (changes to 13%)
Camping Sites 5% No RST Yes (changes to 13%)
Domestic Air, Rail and Bus Travel 5% No RST Yes (changes to 13%)
originating in Ontario
page 2
3. AROUND THE HOUSE:
Did You Know?
The comprehensive tax package provides
Ontarians with $11.8 billion in tax relief over
three years.
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Cleaning Products 5% 8% No (remains 13%)
Laundry Detergent, Fabric Softeners 5% 8% No (remains 13%)
Household Furniture 5% 8% No (remains 13%)
Refrigerators and Freezers 5% 8% No (remains 13%)
Pre-packaged Computer Software 5% 8% No (remains 13%)
Books (including Audio Books) 5% No RST No (remains 5%)
Newspapers 5% No RST No (remains 5%)
Magazines Purchased at Retail 5% 8% No (remains 13%)
Office Supplies, Stationary 5% 8% No (remains 13%)
Landscaping Materials 5% 8% No (remains 13%)
Including Sod, Seeds, Plants
Linens (e.g., Blankets, Towels, 5% 8% No (remains 13%)
Sheets)
Tents, Sleeping Bags, Camping 5% 8% No (remains 13%)
Supplies
Tools 5% 8% No (remains 13%)
Patio Furniture 5% 8% No (remains 13%)
Barbeques, Lawnmowers, 5% 8% No (remains 13%)
Snowblowers, Sprinklers
Toys (e.g., Puzzles, Games, Action 5% 8% No (remains 13%)
Figures, Dolls, Playsets)
Outdoor Play Equipment 5% 8% No (remains 13%)
(e.g., Swing Set, Sandbox, Slides)
Crafting Supplies 5% 8% No (remains 13%)
Building Materials (e.g., Lumber, 5% 8% No (remains 13%)
Concrete Mix)
Magazines Purchased by 5% No RST Yes (changes to 13%)
Subscription
Home Renovations 5% No RST Yes (changes to 13%)
page 3
4. MOTORIZED VEHICLES:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Vehicle Parts 5% 8% No (remains 13%)
Short-Term Auto Rentals 5% 8% No (remains 13%)
Lease of a Vehicle 5% 8% No (remains 13%)
Child Car Seats and Booster Seats 5% No RST No (remains 5%)
Auto Insurance No GST No RST No HST
Labour Charges to Repair Vehicle 5% 8% No (remains 13%)
Oil Change 5% 8% No (remains 13%)
Tires 5% 8% No (remains 13%)
Window Repair 5% 8% No (remains 13%)
Purchase of Vehicle from Dealer 5% 8% No (remains 13%)
Boats 5% 8% No (remains 13%)
Snowmobiles 5% 8% No (remains 13%)
Recreational Vehicles 5% 8% No (remains 13%)
Private Resale of Vehicles No GST 8% Yes2 (changes to 13%)
Gasoline/Diesel 5% No RST Yes (changes to 13%)
2
HST does not apply; however, Ontario will maintain the RST on private transfers of used vehicles at a rate of 13 per cent to help
ensure a level-playing field between sales by dealerships and private sales.
HOME PURCHASES:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
New Homes up to $400,000 5% No RST No change3
New Homes over $400,000 5% No RST Yes3A
Resale Homes No GST No RST No HST
Real Estate Commissions 5% No RST Yes (changes to 13%)
3
The new housing rebate will be 75 per cent of the Ontario component of the HST, up to a maximum of $24,000. The rebate will
ensure that buyers of homes priced up to $400,000 will, on average, pay no more tax than under the RST system. However,
applicable RST on building supplies is embedded in the price of the home.
3A
New homes purchased as primary residences, valued at $400,000 or more will be eligible for the maximum new housing rebate of
$24,000.
page 4
5. HEALTH PRODUCTS AND SERVICES:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Audiologist Services No GST No RST No HST if offered by a
practitioner of the service.
Chiropractor Services No GST No RST No HST if offered by a
practitioner of the service.
Physiotherapist Services No GST No RST No HST if offered by a
practitioner of the service.
Pharmacist Dispensing Fees No GST No RST No HST
Over-the-Counter Medications 5% 8% No (remains 13%)
Prescription Drugs No GST No RST No HST
Some Medical Devices No GST No RST No HST
Includes walkers, hearing aids
Prescription glasses/contact lenses No GST No RST No HST
Feminine Hygiene Products 5% No RST No (remains 5%)
Adult Incontinence Products No GST No RST No HST
Diapers 5% No RST No (remains 5%)
Cosmetics 5% 8% No (remains 13%)
Hair Care Products (e.g., Shampoo, 5% 8% No (remains 13%)
Conditioner, Styling Products)
Dental Hygiene Products 5% 8% No (remains 13%)
(e.g., Toothpaste, Toothbrushes)
Massage Therapy Services 5% No RST Yes (changes to 13%)
Vitamins 5% No RST Yes (changes to 13%)
page 5
6. MEMBERSHIPS, ENTERTAINMENT AND SPORTS EQUIPMENT:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Admissions to Professional 5% 10% Combined rate going
Sporting Events down to 13% from
current 15%
Movie Tickets 5% 10% Combined rate going
down to 13% from
current 15%
Music Lessons No GST No RST No HST
Skis and Snowboards 5% 8% No (remains 13%)
Hockey Equipment 5% 8% No (remains 13%)
Golf Clubs 5% 8% No (remains 13%)
Green Fees for Golf 5% No RST Yes (changes to 13%)
Gym and Athletic Membership Fees 5% No RST Yes (changes to 13%)
Ballet, Karaté, Trampoline, Hockey, 5% No RST Yes4 (changes to 13%)
Soccer Lessons, etc.
Tickets for Live Theatre with 3,200 5% No RST Yes5 (changes to 13%)
Seats or Less
4
HST taxable, although some could be HST-exempt if provided by a public service body to children 14 and under and underprivileged
individuals with a disability.
5
HST taxable, although some could be exempt if maximum admission charged by a public service body is $1 or less, if the admissions
are made in the course of the fundraising events where charitable receipts for income tax purposes may be issued, or admissions are
to amateur performances.
LEASES AND RENTALS:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Condo Fees No GST6 No RST6 No HST6
Residential Rents No GST No RST No HST
Hockey Rink and Hall Rental Fees 5% No RST Yes (changes to 13%)
6
Residential condo fees charged to residents are exempt; however, purchases by condominium corporations will be subject to HST,
if applicable.
page 6
7. ELECTRONICS:
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
TVs 5% 8% No (remains 13%)
DVD and Blu-ray Players and 5% 8% No (remains 13%)
Accessories
MP3 Players 5% 8% No (remains 13%)
Cell Phones, Smart Phones 5% 8% No (remains 13%)
Cell phone service 5% 8% No (remains 13%)
CDs, DVDs and Blu-ray discs 5% 8% No (remains 13%)
PROFESSIONAL AND PERSONAL SERVICES:
Did You Know?
Approximately 2.8 million families and individuals would benefit from the
proposed Ontario Energy and Property Tax Credit, which would provide
over $1.2 billion annually in energy and property tax relief.
GST-taxable before RST-taxable before Is there a change to the
July 1, 2010 July 1, 2010 amount of tax payable
under the HST?
Child Care Services No GST No RST No HST
Legal Aid No GST No RST No HST
Coffins and Urns Purchased 5% 8% No (remains 13%)
Separately from a Package of
Funeral Services
Fitness Trainer 5% No RST Yes (changes to 13%)
Hair Stylist/Barber 5% No RST Yes (changes to 13%)
Esthetician Services 5% No RST Yes (changes to 13%)
(e.g. Manicures, Pedicures, Facials)
Funeral Services 5% No RST Yes (changes to 13%)
Legal Fees 5% No RST Yes (changes to 13%)
page 7