Talk:Taxation in Canada

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Dividends are indeed taxed in Canada, when the receivor is an individual. Inter-corporate dividends on the other hand are not taxed. Loomis51 21:15, 19 December 2005 (UTC)[reply]

Corporation Tax

Article says taxes on income and dividends. I know little about Canada but that would be highly unusual (in comparison with UK, SA, USA, French, German, Australian, NZ tax codes). Company/corporation tax is usually on profits. If any tax is paid on dividends it is a withholding tax (i.e. not a tax paid by the company but collected by the company and passed on to the tax man) so that the dividend is paid to shareholders with the personal tax on the dividend already (partly) paid. Paul Beardsell 19:55, 22 May 2004 (UTC)[reply]

GST/HST

(Disucssion transferred from User talk:Ground Zero.)

GST/HST are not sales taxes. You will have to change this and please put back my other changes, which have nothing to do with your assertion. May I enquire what education and exprience you have in the Canadian tax industry, if any. Cordially SirIsaacBrock 23:57, 6 February 2006 (UTC)[reply]

  • I have worked in the tax industry for many years, although not in the sales tax/GST area. I understand that the GST is commonly called a sales tax, although I will verify that. The section of the article in question covers the GST, the HST and provincial retail sales taxes, so "GST/HST" is not appropriate. As well, acronyms should not generally be used in headings because they are of no use to those who don't already know what the acronym means. If "Sales taxes" is not an appropriate heading, then let's put our heads together and come up with a heading that covers all of the taxes discussed in the section. With regard to your other changes, the further explanation that your provided on HST was a useful addition to the article that I deleted in error. My apologies. I have restored it with some elaboration. I have not restored the links to the years because the Wikipedia:Manual of Style discourages links to ncomplete dates, i.e., it is okay to link October 23, 1988, because that allows a user to see the date formatted according to his/her preferences, but not October, or 1988, or October 23. This is not my rule, by the Manual of Style that says this. Ground Zero | t 00:10, 7 February 2006 (UTC)[reply]
Consumption tax Cordially SirIsaacBrock 01:25, 7 February 2006 (UTC)[reply]

"Consumption tax" is a term that people in the tax biz use. I think that "sales tax" is the more common term, and therefore more appropriate for Wikipedia. On what basis do you say that the GST is not a sales tax? I ask you to consider the following points:

  1. The HST is called the "Harmonized Sales Tax" in three provinces.
  2. Michael Wilson's 1987 White Paper on Tax Reform proposed a value-added tax as one of the options for "multi-stage sales tax".
  3. The part of the Department of FInance that deals with the GST is the "Sales Tax Division of the Tax Policy Branch".
  4. The Wikipedia article on Consumption tax, which admittedly is not very good, says: "A Consumption tax is a tax on the purchase of a good or service. Usually a consumption tax is no different than a sales tax."
  5. The Wikipedia article on Sales taxes in Canada includes a discussion on the GST and the HST.

Regards, Ground Zero | t 23:29, 8 February 2006 (UTC)[reply]

Hello, if your interested in the tax industry and tax laws, please go to school as there is to much to teach here. You can start by doing searches here 1 this is my final word on the matter. Cordially SirIsaacBrock 11:43, 10 February 2006 (UTC)[reply]
That's not cordial at all. You seem to be saying that GST is isn't a sales tax because you say it isn't. I have provided good reasons for saying it is, so I will make the change back, and post this conversation on thetalk page so that others can comment if they wish. Ground Zero | t 12:08, 10 February 2006 (UTC)[reply]

I would have to agree with Ground Zero on this issue. Although GST/HST falls into the supposed 'definition' of a Consumption Tax, GST/HST IS a Sales Tax due to the fact that it is charged at time of sale, not on a consumer's paycheque, as defined by the article of Consumption Tax (by implying the US Income Tax). As well, GST/HST is NOT a mandatory tax, GST/HST is not charged on all goods, and the retailer/wholesaler does not need charge the consumer if they were to collect GST/HST, or even PST, under a certain amount as defined by CRA. Also, consumers can be exempt from said tax in the fact that said goods would be in turn used for resale later on. All of this is defined via the CRA website, and more than clearly states that GST/HST is a SALES TAX. Income Taxes / Consumption Taxes are mandatory, and although not applicable in all circumstances, are negated through deductions and claims, as where Sales Taxes cannot.

--DaisukeNiwa 05:50, 7 April 2006 (UTC)[reply]

Healthcare

Healthcare taxation has changed in Ontario. As of 2004, OHIP is now paid by the employee. This should be more clearly defined, as originally, the taxation was paid by the employer, not the employee.

Anyone earning under $20,000 does not have to pay OHIP Premiums, but anyone over this amount does, with the $20k-25k range being $300 a year, and increasing in similar blocks. Costs involved are available on the Provincial Worksheet for the appropriate Province, in this case, Ontario.

Although, most medical expenses not covered by OHIP are marginally tax-deductable depending on their nature. (All information is available via OHIP and CRA websites) --DaisukeNiwa 05:37, 7 April 2006 (UTC)[reply]

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