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Discuss, in detail, how a business in BC handles GST and PST. As an example, assume the business has purchased $2,000 of fully taxable goods

Discuss, in detail, how a business in BC handles GST and PST. As an example, assume the business has

purchased $2,000 of fully taxable goods and sold them for $3,000. Discuss all relevant sales tax elements

relating to the purchase and the sale.

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