The province of Nova Scotia has released this publication to explain the general transitional rules for the increase in the Harmonized Sales Tax (HST) rate to 15 percent in Nova Scotia that will be proposed to be enacted in regulations pursuant to the Excise Tax Act. As announced in the Nova Scotia budget 2010-2011, the HST rate will increase from 13 percent to 15 percent, effective July 1, 2010. Transitional rules are required to determine which rate of tax will apply to transactions that straddle the implementation date of July 1, 2010.
NS HST Transitional Rules