Harmonized Sales Tax


  • A value-added consumption tax used in some Canadian provinces to replace the both the "Goods and Services Tax (GST)" and the "Provincial Sales Tax (PST)". The Two taxes are merged into a "Harmonized Sales Tax (HST)", which was once known in some provinces as a "Blended Sales Tax." The rules on what the HST is charged on differs from one province to the next, but generally, a PST is only charged on goods whereas the HST is charged on both goods and services.


Relevant Locations

Canadian consumption tax.


Related Terms and Acronyms

  • Direct Tax Definition,
    • A tax that is paid straight to the government.
  • Goods and Services Tax (GS, GST) Acronym, Canada,
    • A sales tax that applies in all Canadian provinces charged at 5% (as of 2012).
    Bank account transaction code.
  • Indirect Tax Definition,
    • A tax that is collected by a third party before being transferred to the government.
  • Provincial Harmonized Sales Tax (PHST)Acronym, Ottawa, Ontario, Canada,
    • Provincial Sales Tax (PST) Acronym, Canada,
      • A sales tax collected by some Canadian provinces.
    • Sales Tax Definition,
      • Federal and / or provincial taxes that are applied to purchases.
    • Tax (TX) Acronym,
      • A levy paid by an individual or entity that is collected by a government.
      Bank account transaction code.
    Compare. Calculate. Apply today.
    Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage