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Index of Subjects Hi Doug, Doug, and all On Wed, 5 May 1999, Doug McCann wrote: > Carefull on how you interpret the "$50,000" limit. > > It is my understanding that the $50,000 is not a 'deductable', > i.e. subtract from gross revenue to determine the proportion on > which tax is due. I understand it is a classification, with some > organizations above and below the threshold. Those below are not > required to register and collect the HST. Those above must > register, collect and remit the HST. (Actual net HST - HST > collected minus HST paid, or, the value computed from the flat > rate method). Is it an annual limit or cumulative from the organization's day 1, like the FST and perhaps the PST used to be? Ed Dyer aa146@chebucto.ns.ca (902) H 826-7496 CCN Assistant Postmaster http://www.chebucto.ns.ca/~aa146/ W 426-4894 CSuite Technical Workshop Religion Page Editor, Chebucto Community Network http://www.chebucto.ns.ca
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