>Even worse for us Cdn vendors, Our customers are actually paying taxes 3
>times over
>{[(registry fee+GST)+ Tucows markup] +GST} +our markup] +GST.
>
> Now *that* is unfair.
Actually, the way it is suppose to work is this:
1) Cira charge $20 + GST/year (Canadian Dollars)
2) OpenSRS buys them, pays GST, however, it claims the GST it paid as a
deduction on the next remittance it makes to the government.
3) OpenSRS marks up the original $20 Canadian to $19 U.S. Dollars, and
charges GST to Canadian vendors
4) The Canadian Vendor buys them, pays GST, however, it claims the GST it
paid as a deduction on the next remittance it makes to the government.
5) The Canadian Vendor marks up the $19 U.S. Dollar fee, and charges
"Whatever +GST" -- This final GST amount gets remitted to the government.
---------
In this equation -- the government really only sees the GST paid by the
final end customer, and the customer should NOT be paying the GST 3 times over.
