IKEA Introduces ‘Second-Hand Tax’ Across Ontario. Here’s How It Saves You Money

IKEA Canada is launching a “second-hand tax” across its Ontario “As-is” marketplaces—but this is a tax that will actually save shoppers money. Dubbed SHT for short, the second-hand tax will discount the price of used items by 13 percent, effectively removing the 13 percent HST on the products.  “Canadians have been paying tax on second-hand items, even though the tax was already paid the first time around,” the Swedish furniture giant said in an April 2 press release. “Second-hand items may have lost their original look, packaging, and price, but they never lose the tax.”   SHT is not here to stay, however. IKEA says it launched the initiative April 2 to promote “sustainability and affordability” in celebration of Earth Month. It will remain in effect through April 11 at all IKEA As-is marketplaces in Ontario for all of its loyalty program members, the company said....