Plain meaning
Supplies of property or services that are subject to GST/HST, including supplies taxed at 0%.
Also called
taxable supply
Key points
- Taxable supplies are supplies of property or services subject to GST/HST at the applicable rate.
- A supply can be taxable at the regular rate or zero-rated, depending on the Excise Tax Act rules.
- Businesses making taxable supplies may need to register, collect GST/HST, and file returns once thresholds are met.
- Input tax credits generally depend on purchases being used in commercial activities involving taxable supplies.
Why it comes up
Taxable-supply classification affects GST/HST registration, invoicing, input tax credits, and indirect-tax compliance.