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Old 11-21-2024, 10:11 PM   #14798
SebC
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Join Date: Mar 2006
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Originally Posted by powderjunkie View Post
But I also question if GST on housing makes sense to start with...pretty well every material and service involved in construction already charges GST, and labour is also taxed. At most it should be maybe 10-20% of the total price that gets charged GST
GST is a value added tax. You're not paying GST on the house and the wood, the builder gets the GST on the wood refunded, and labour is also deducted from business income.
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