News and Insights

Saskatchewan Information Bulletin PST-5

Tax Development Jan 24, 2008

“The Provincial Sales Tax Act” and Saskatchewan Information Bulletin LCT-1, “The Liquor Consumption Tax”

Saskatchewan recently revised these information bulletins to reflect the GST rate reduction to 5%, effective January 1, 2008. The bulletins outline what percentage or factor should be used to calculate the provincial tax when goods or alcoholic beverages are sold on a GST-included basis.