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Canada has what you could call a national sales tax or a value added tax (VAT). This Goods and Services Tax (G.S.T.) of 5 percent (as at January 1, 2008) is applicable to many Canadian financial transactions.

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Instead of publishing other people's newsfeeds for the website, believe how cool it is always have Your feed published on hundreds of thousands of other online businesses. And then DO it. Create a feed using personal content and also others to syndicate content material.

The rationale behind this follows: Since countries can't collect sales tax on Internet transactions at their borders, the only way they can collect it (other when compared to a self-assessment system) is through having an online sales tax. Further, it is claimed that businesses in the eu suffer a major competitive disadvantage because stormy collect Value added tax (VAT) but others by no means.