B.C. adds sales tax to cigarettes, other tobacco products
Global News
The province is now collecting the PST on tobacco products which includes cigars, chewing tobacco, raw tobacco and cigarette packs.
B.C. is now collecting the PST on tobacco products, including cigars, chewing tobacco, raw tobacco and cigarette packs.
A $15.99 cigarette pack with the tobacco taxes will now cost seven per cent more than before, or $1.12 extra a pack. The tax began on July 1.
“We are moving in line with other provinces to make sure we collect PST on tobacco products,” Selina Robinson said, B.C.’s finance minister.
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The seven per cent tax must be submitted from companies with revenues greater than $10,000 a year, shifting the tax burden off of individual sellers to the retailer.
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“It makes sure we have a fair and level playing field. if you have a bricks and mortar, you remit taxes, and it should be the same for these online marketplaces,” Robinson said.
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