Goods and Services Tax (GST) in Canada have a unique history, evolving to accommodate the country’s economic and political landscape. The concept of a federal sales tax first appeared in 1920 with the introduction of a 1% tax on goods aimed at generating revenue for national recovery following World War I. Initially, this tax was limited to goods and excluded services, reflecting the early economic structure that heavily relied on tangible commodities.
Source Innovate Tax
Click on the logo to visit the website
