In Nova Scotia we pay a Harmonized Sales Tax (HST) on everything except food and farm inputs directly related to food production... meaning we pay it on fuel but not seed, fertilizer. Currently it is 13% on top of the selling price. That said... for ~any~ registered business, you are required to collect and remit tax and then you apply for a full tax refund on what you paid. It's intended to be revenue neutral for businesses. It's aimed at the final consumer on everything except food which is not taxed. Really it's just a bit of paperwork to keep track of it, so there is a cost on that side but as taxes go it's rather simple in my opinion. It's really only a small amount more work for any business that's keeping records anyway. Probably one of the fairest, most evenly applied tax structures there is for the simple reason that there's no real way to beat it aside from going all cash.... which is not really realistic to do.
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Today's Featured Article - On the Road with Dave Gohl: Deere Departed Friend - by Dave Gohl. Have you ever had to part with a dear friend? It's not easy. If it's due to death, your feelings could be in disarray for days, months or even years. Even now after almost 4 years, I still miss my dad. I remember when I was a kid my dad sometimes would tuck my brother and I in at night and we would ask him questions about his childhood on the farm. To this day, it's some of the best stories I've ever heard. And now, I'm so glad that I asked those questions, and if I were a little smarter i
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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