Taxes on goods and services (GST) are held in trust for the Minister of Finance in Canada. Therefore, if a customer cancels a ticket for a service, a company would be under an absolute obligation to refund the tax to the customer. If the company (Jetsgo and presumably other airlines) have retained the GST, as they apparently have in the past, they would have committed a serious breach. I wonder how they account for this in their financial statements?
Last edited by rotornut; 21st Jul 2004 at 09:13.