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GST to tax small firms as admin costs rise
The proposed 7 percent GST will create higher administration costs for small businesses, with CFIB data showing owners in small firms handle most retail sales tax work manually. The study finds nine provincial systems plus the federal tax hinder simplification, predicting heavier burdens for small retailers and consumers.
MENTIONED IN THIS ARTICLE
Terry O'Shaughnessy
Michael Wilson
Canadian Federation of Independent Business
Canada
CFIB
John Bulloch
Bulloch