GST subsidizes U.S. publishers

Year Published:  1992
Resource Type:  Article
Cx Number:  CX4432

Abstract: 
Canadian publishers are angry the goods and services tax (GST) is subsidizing U.S. book and magazine publishers at their expenses. Canadian publishers are compelled to charge GST on their prices, while many U.S. publishers selling into Canada don't, although in theory they are supposed to. As a result, Canadian publications are now seven per cent more expensive than U.S. competitors.