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I am preparing to file sales tax for a new business I have set up in Quebec, Canada. Currently it's only operating in the province of Quebec.

Let's say I charge a customer $100 and Quebec and Canada sales tax is 14.975% so that would be $114.975. Now my customers pay with a credit card and Stripe charges 2.9% + $0.30. I also have other fixed and variable costs to be paid just like Stripe. Let's say x, y and z. Now does the sales tax is calculated on $100 or $100 minus all the fees?

Umair A.
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Sales taxes are based on whatever you sell the product for:

The most common consumption taxes for Québec residents are:

  • the goods and services tax (GST), which is calculated at a rate of 5% on the selling price; and
  • the Québec sales tax (QST), which is calculated at a rate of 9.975% on the selling price excluding the GST.

Emphasis mine.

DJClayworth
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