Book tax, closing libraries in Newfoundland and Labrador could hurt everyone
byThe recently announced Newfoundland and Labrador budget threatens both literacy and economy by increasing the book tax and closing libraries across the province.
The recently announced Newfoundland and Labrador budget threatens both literacy and economy by increasing the book tax and closing libraries across the province.
The province of Nova Scotia is in the midst of a tax and regulatory review that could see higher taxes on books. Books are currently subject to the 5% federal portion of the HST, but not the 10% provincial portion of the tax, which is rebated at the point-of-sale. If the province moves ahead with this plan, Nova Scotia will be the only Canadian province to charge…