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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.
Federal. The federal government recently launched several e-commerce measures, including a GST/HST simplified registration system. Effective July 1, 2021, non-resident vendors and distribution platform operators that supply taxable digital products or services to Canadian consumers.
The proposed rules would require such vendors and digital platform operators (with sales over $30,000 over a 12-month period) to register for GST/HST under the normal regime and collect and remit GST/HST on sales to Canadians of goods located in Canadian fulfillment warehouses. Digital platform operators will be required to file an annual ...
• 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
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Mar 20, 2021 · These changes will also raise a significant amount of tax revenue by imposing a requirement on certain nonresident suppliers to register for GST/HST. Additionally, certain platform operators who facilitate sales of digital property or services (e.g., app stores) will be required to register for GST/HST and charge and collect GST/HST on sales ...
