British Columbia Updates Bulletins to Correct Change in Use Rules

British Columbia has revised Bulletin PST 122, “Caterers, Event Planners and Party Supply Stores”, Bulletin PST 123, “Graphic Designers”, Bulletin PST 139, “Interior Designers and Home Stagers”, and Bulletin PST 208, “Goods for Resale”, to correct information under the “Change in Use” sections relating to goods removed from leased inventory. The update addresses how PST must be self-assessed when taxable goods are removed from lease inventory for personal or business use, based on information contained in Bulletin PST 315, “Rentals and Leases of Goods”.

With the exception of Bulletin PST 208, the bulletins mentioned above were also updated to clarify the rules under the “Goods Brought Into BC” sections. This revision reiterates the requirement to pay or self-assess PST on the total cost of taxable goods purchased outside of British Columbia, but subsequently brought into the province.