Does Koodo add tax onto the monthly tab charge?

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  • Updated 3 years ago
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I know we have to pay tax on our monthly plan (obviously), but the monthly $15 tab charge is that taxed?
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Andrew

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Posted 3 years ago

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Jonathan I, Mobile Master

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Yes, everything is taxed. There's no interest, though.
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Ivan, Mobile Master

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Semantics. It's almost like interest, since a regular loan would not be taxed.
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Jonathan I, Mobile Master

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True, but interest compounds and is generally a higher percentage than taxes in most provinces for small loans (car and mortgage payments notwithstanding).
(Edited)
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Spence

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Unfortunately,   One way or the other you would pay tax, either on the whole cost of the phone,  or just on the $15/month

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