Up to now, I can only understand and accept one possible benefit that HST brings which is elimationation of tax on tax.
Unnder current tax system, goods will be taxed for PST multiple time on PST which already paid as the good flow through the supply chain. However, whether the suppliers will lower the sales price after HST implemented, we still have wait to see. It is possible that those supplier won't lower the price and just take the extra profit margin for granted. |