B.C. PST rebate on select machinery and equipment
The B.C. PST Rebate on Select Machinery and Equipment is a temporary provincial sales tax (PST) program to help corporations recover from the financial impacts of COVID-19.
The rebate acts like a refund but is separate from the existing PST Refund process. Under this temporary program, corporations can apply to receive an amount equal to the PST they paid between September 17, 2020 and March 31, 2022 on qualifying machinery and equipment. PST invoiced before the deadline but paid after March 31, 2022 does not qualify for the rebate.
Original Article Source Credits: https://www2.gov.bc.ca/
Article Written By: N/A
Original Article Posted on: October 1, 2021
Link to Original Article: https://www2.gov.bc.ca/gov/content/taxes/sales-taxes/pst/rebate-machinery-equipment