Businesses may be affected by new provincial sales tax (PST) changes in Saskatchewan, some of which apply as of April 1, 2022. Saskatchewan announced several PST amendments, including as part of its 2022 provincial budget, to subject certain admission and entertainment charges, and credit rating agency services, to PST, while qualifying audiobooks and certain farm equipment and services are PST-exempt. As a result of these changes, businesses that provide these types of goods and services may have to meet new PST registration and compliance obligations. Saskatchewan has released guidance on these PST changes, including transitional rules in some cases.

Download this edition of the TaxNewsFlash to learn more.