News and Insights

Prince Edward Island Revenue Tax Guide 177, “Pet Food and Livestock Feed”

Tax Development Oct 16, 2008

Prince Edward Island recently issued this guide to provide information on the application of revenue tax to pet food and livestock feed. As of June 18, 1993, the purchase of pets and pet food is no longer exempt. Taxable pet food includes therapeutic, diet or other specialty food, even when prescribed by a veterinarian. However, the Revenue Tax Act provides an exemption for the purchase of agricultural feed, which includes grain, milled products and other agricultural feeds.

PEI RTG 177