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Originally Posted by Nehkara
Yah... if you are collecting a 1% tax on everything you sell that doesn't really exist, you could be in trouble.
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Not really... Businesses are required to remitt the taxes they collect. If they collect too much from their customers, they have 2 options.... 1) provide a refund of the tax to the customer or 2) send the over remittance to the government.
PS I'm a PST collector for the government in SK.