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Apr 19, 2021 · New rules for digital economy businesses are in effect as of July 1, 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 ...
New rules for digital economy businesses are in effect as of July 1, 2021. Administration and compliance approach The Government of Canada announced in the April 19, 2021 Federal Budget that the Canada Revenue Agency (CRA) will work closely with businesses and platform operators to assist them in meeting their obligations.
New measures for digital economy businesses are in effect as of July 1, 2021. Digital economy businesses, including platform operators, may have new potential GST/HST obligations under these new measures. This means these businesses may have new obligations, including registering, charging, collecting and reporting the GST/HST.
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 ...
Mar 26, 2021 · The Canada Recovery Benefit (“CRB”) is for workers not eligible for Employment Insurance (“EI”) (e.g., self-employed, contract, etc.). Available from September 27, 2020 to September 25, 2021, the CRB provides $500 per week to individuals for up to 26 weeks. The Canada Emergency Response Benefit (“CERB”) supports eligible workers ...
Nov 30, 2020 · The new rules outlined above would generally apply to supplies made on or after July 1, 2021, and supplies made before July 1, 2021 if all the consideration is payable on or after July 1, 2021. Therefore, businesses should begin to review their activities in Canada to determine if they would be required to register and/or to collect and remit the GST/HST on sales of digital products, services ...
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Jan 22, 2023 · The Canadian Government has announced a new policy for the GST/HST application on digital services and platforms. The announcement was part of the Fall Economic Statement (FES) 2020 last year. The Canadian authorities have stated that new regulations will come into force by July 2021. The new GST/HST for digital services is in line with
