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Cuba Chronicles
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How does Bell get away with it?I'm sure it's something most people don't notice, but Bell Canada routinely adds a penny to the GST and PST amounts shown on your monthly phone bill. If you don't believe it, get out your calculator and take a good look at your last phone bill. Look at the totals and figure out what the tax should be and then look at what Bell charged you. Off by one cent in their favour, isn't it? I've noticed this every time I put my business phone bill into my accounting program - I ALWAYS have to adjust the tax amount to make it add up to the same figure Bell shows me or my payment will be off by a couple of cents - and you can bet they will ask me for it. Trouble is, my payments are automaticallly deducted from my bank account (Middle-Aged-A.D.D. insurance) so witholding the extra isn't even an option. Although it may only be a penny or two to you, over the course of a year this adds up to 24 cents per customer. Again, not much to worry about. But multiply this by the number of customers Bell must have, and you start to see a much bigger figure.The 2001 census says there were 11,562,975 households in Canada. If we assume each of them has one Bell Canada account, (and this isn't even counting businesses, you understand) and each of them overpays 2 cents a month in taxes on their phone bill, this amounts to a whopping $2,775,114 a year in extra revenue for Bell. This has been going on for a long time so the accumulated amount must be staggering. I'm sure Bell is only remitting to the government what they need to remit and not what they actually collect, so this is just extra profit for them. I know if I charged more tax than I should be to my customers, someone would complain about it. Why isn't anyone doing anything about this? Filed under General, Mar 17, 2008
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