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Acquire: "Acquire" means to purchase in B.C., to bring, send into B.C. or receive in B.C.
Affixed machinery: Affixed machinery is machinery, equipment or apparatus that is used directly in the manufacture, production, processing, storage, handling, packaging, display, transportation, transmission, or distribution of goods, or in the provision of software or a service, and:
It is affixed to, or installed in, a building, a structure or land so that it becomes part of real property.
For the purpose of PST, affixed machinery that is already installed is considered tangible personal property (goods).
Band-empowered entity: A band-empowered entity is a corporation, board, council, association, society, or other organization that is owned or controlled by a band, a tribal council, or a group of bands other than a tribal council. This policy is applicable to those band-empowered entities that are situated on a reserve. A band-empowered entity is considered to be situated on a reserve when the entity maintains a presence on a reserve.
Contract: A contract is an agreement under which goods are supplied and affixed or installed so that they become part of real property (ie. land and buildings.)
Contractor: You are a contractor if you supply and affix, or install, goods that become part of real property. This includes contractors and subcontractors in the construction industry, and other businesses, that:
Examples of contractors
Excluded machinery, equipment and apparatus: Machinery, equipment or apparatus that is excluded from the definition of affixed machinery, and is considered an improvement to real property. It includes:
Fair market value: Normally the highest price, expressed in dollars, that property would bring in an open and unrestricted market, between a willing buyer and a willing seller who are both knowledgeable, informed, and prudent, and who are acting independently of each other.
First nation band: A First Nation band is defined as in Section 2 of the Indian Act (Canada).
First Nation individual: an individual who is an Indian under the Indian Act (Canada), and whose property is exempt from taxation under section 87 of the Indian Act (Canada) or under a provision of a final agreement equivalent to that section.
Goods: Goods are personal property that you can see, weigh, measure or touch, or that are in any way perceptible to the senses.
Goods for resale: Goods for resale are goods that are sold or leased directly to your customers without installation, where no other use is made of the goods except their storage and display for availability for sale.
Obtain: To purchase or lease in B.C.; to bring or send into B.C. or receive into B.C.
Real property: Real property is land and anything attached to the land so that it becomes part of real property after installation (i.e. ceases to be personal property at common law.)
This would normally include buildings, structures, and things, such as machinery or equipment, that are attached to the land (or attached to buildings or structures) by some means other than their own weight.
For more detailed information about the definition of real property and what kinds of goods can become real property, see Defining real property.
Related services: Related services are services to goods or services provided to install goods. Related services provided in B.C. are subject to PST at a rate of 7%, unless a specific exemption applies.
Related services do not include:
For example: installing wall to wall carpeting that is attached to the floor is not considered a related service because the carpeting becomes part of real property upon installation. You would not charge your customer PST on this installation.
Retail sale: A retail sale means:
Taxable goods: Taxable goods are any goods you use in your business such as:
You must pay PST on the purchase or lease of new or used taxable goods you acquire to fulfil a contract. For more information, see Paying PST on the purchase of goods used in contracts.
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