British Columbia Updates Bulletin on Restaurants and Liquor Sellers

British Columbia has updated Bulletin PST 119, “Restaurants and Liquor Sellers”, which discusses how PST applies to restaurants and other businesses that sell liquor.

The revision corrects an error by referring to Bulletin PST 315, “Rentals and Leases of Goods”, on how to self-assess PST on taxable goods taken from lease inventory for business or personal use.  In addition, the revised bulletin clarifies that PST must be paid on taxable goods purchased or leased outside of British Columbia, but subsequently brought into the province.