Canadian retailers push for return of GST rebate for tourists

By By Glen Korstrom/ Business in Vancouver
Canada is only OECD country with a value-added tax and no rebate for visitors

A Montecristo Jewellers sales strategy intended to help foreign customers avoid paying Canada’s goods and services tax (GST) has backfired, leaving the Vancouver-based jeweller with a tax bill nearing $2.3 million. The case is a reminder to luxury retailers that Canada is the only country in the 36-member Organization for Economic Co-operation and Development (OECD) to have a national sales tax but no rebate program for international visitors, and that those visitors want ways to avoid paying the tax.…

Source:: Canadian retailers push for return of GST rebate for tourists

• Whistler News

April 1, 2019

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