QST
Business & Finance abbreviation · Tax
| Stands for | Quebec sales tax |
|---|---|
| Categories | Business & Finance |
QST stands for Quebec sales tax, a tax abbreviation.
Provincial value-added tax in Quebec, charged at 9.975% alongside the 5% federal GST for a combined rate of about 14.975%, and administered by Revenu Québec rather than the federal government.
Example: The restaurant bill lists GST and QST separately.
Usage notes
In French it is the TVQ (taxe de vente du Québec), and the GST is the TPS. Businesses must register for both and claim input tax refunds for the QST paid on purchases.
Related abbreviations
More tax abbreviations
- PTIN – Preparer Tax Identification Number
- QBI – Qualified business income
- QCD – Qualified charitable distribution
- QOZ – Qualified Opportunity Zone
- QSBS – Qualified small business stock
- QSS – Qualifying surviving spouse
- SALT – State and local taxes
- SDI – State disability insurance
- SDLT – Stamp Duty Land Tax
- SECA – Self-Employment Contributions Act tax
- SIT – State income tax
- SS-4 – Application for Employer Identification Number (IRS Form SS-4)