BC Liberal Celebration plans to take the ten% PST off booze, whereas leaving the 7% PST on hashish.
What occurred: Authorized hashish retailers in B.C. are calling the BC Liberals’ greater than $10-billion promise to get rid of the provincial gross sales tax (PST) for one yr, after which have a diminished tax for one more yr, unfair as a result of the tax will nonetheless be utilized to most authorized hashish merchandise at the same time as it’s faraway from retail alcohol purchases.
Why it issues: The authorized retail hashish sector is crammed with small enterprise house owners making an attempt to realize market share from unregulated and unlicensed competitors that should not have to pay the hefty licence charges (greater than $33,000 in Vancouver) and different prices that authorized operators should bear.
– Learn the whole article at Business in Vancouver.