We put an input tax credit on it and the net is exactly the same. The new system and the old system have exactly the same GST.
In the House of Commons on June 18th, 1996. See this statement in context.
In the House of Commons on June 18th, 1996. See this statement in context.
TaxationOral Question Period
June 18th, 1996 / 2:35 p.m.
Liberal
Doug Peters Liberal Scarborough East, ON
We put an input tax credit on it and the net is exactly the same. The new system and the old system have exactly the same GST.
See context to find out what was said next.