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Apr 19, 2021 · As of July 1, 2021, digital economy businesses, including digital platform operators, may have potential goods and services tax/harmonized sales tax (GST/HST) obligations under three measures that were announced in the Fall Economic Statement 2020 by the Government of Canada and revised as announced on April 19, 2021 following consultations ...
Submissions should therefore briefly describe: the activities of the affected business or operator, along with estimated annual sales figures in Canada and the GST/HST normally collected, the issues encountered by the affected business or operator, the steps to be taken to resolve those issues and their anticipated completion dates, and.
- On November 30, 2020, the Government of Canada announced a number of proposed GST/HST measures relating to the digital economy. Generally, what are those measures and what is their overall effect?
- When are the measures proposed to become effective? Generally, the proposed measures would start to apply on July 1, 2021: The digital products and services measure, and the short-term accommodation measure, would apply to the affected supplies to the extent that the consideration for these supplies becomes due on or after July 1, 2021, or is paid on or after that day without having become due.
- The proposed measures refer to platforms. What does this mean? Generally, a digital platform would be a website, an electronic portal, gateway, store or distribution platform or any other similar electronic interface, but would exclude an electronic interface that solely processes payments.
- What businesses would be affected by the measure relating to cross-border digital products and cross-border services? Under the proposed measure, non-resident vendors supplying digital products or services (such as online subscription-based video streaming and including traditional services such as legal and accounting services) to consumers in Canada would generally be required to register for the GST/HST and to collect and remit the tax on their taxable supplies to Canadian consumers.
Jul 7, 2022 · If a transaction is facilitated by an online distribution platform, the seller does not have any GST/HST obligations. British Columbia In September 2015, British Columbia introduced a requirement for non-Canadian sellers of goods to register and collect 7% PST if they accepted orders from persons in British Columbia and had inventory in British Columbia at the time of the sale.
- Aleksandra Bal
- Stripe
Jan 22, 2021 · If the goods are subject to GST at the border and the Platform Operator has a full GST/HST registration (i.e., not a simplified registration), the Platform Operator is deemed to have paid such taxes even if another person was the importer of record, and only the Platform Operator is eligible to claim an input tax credit or refund of such GST.
Feb 8, 2022 · As platform operators often apply the same conditions to all the vendors they deal with — and will, in practice, often charge and collect taxes on their behalf regardless of the registration status of the vendors— this can result in GST / HST being remitted by the wrong party or remitted twice (by both the non-resident vendor and the platform distribution operator).
People also ask
Do distribution platform operators need to register for GST/HST?
Do you have to pay GST/HST to a digital platform operator?
Are digital platforms required to register & collect GST/HST?
Does GST/HST apply to platform fees?
Do accommodation platform operators need to register under GST/HST?
Can a platform operator claim a GST refund?
• For online accommodation platforms, the platform operator will charge tax only if the property owner is not registered. Effective from July 1, 2021: For non-resident vendors who sell digital products, non-resident operators of digital platforms, online marketplace facilitators and online accommodation platforms. Customer type Applies to1
