Sales of goods for resale of establishment

Definition

Sales of goods for resale refers to the total sales of merchandise purchased for resale, less returns, adjustments and discounts. Trade in allowances are not deducted. Sales values of trade-ins and parts used in repair are included. Goods and Services Tax (GST), Harmonized Sales Tax (HST) and any other sales taxes collected for remittance to a government are excluded.

Establishment refers to the level at which accounting data required to measure production is available (principal inputs, revenues, salaries and wages). The establishment, as a statistical unit, is defined as the most homogeneous unit of production for which the business maintains accounting records from which it is possible to assemble all the data elements required to compile the full structure of the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production.

Measurements

• Canadian dollar at current prices May 12, 2003 to current

Relation to previous version

• Sales of goods for resale of establishment January 01, 2018 to current

  This is the current version.