1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Income Tax Law, 2/e$75.00 – $120.00
Taxes on consumption — purchases of goods and services — levied by both the federal and provincial governments. Federal consumption taxes consist mainly of GST and excise taxes on motor fuel, tobacco products, and alcoholic beverages. Provincial consumption taxes consist mainly of retail sales taxes, and provincial taxes on motive fuel and tobacco products.