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I wonder why does harmonization always infer a higher tax than the previous one. If we'd had harmonized VAT in Europe I guess it would be like over 20% and thos
by petre 6y ago
I wonder why does harmonization always infer a higher tax than the previous one. If we'd had harmonized VAT in Europe I guess it would be like over 20% and those with 19% or lower would end up paying more.
- wenc 6y agoThe harmonization in Ontario is more like combining the 5% federal rate and the 8% provincial rate into a single combined rate of 13%, so there’s no change in this case.