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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.
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 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.
Mar 26, 2021 · As part of the global trend to tax the digital economy and with the increasing importance of e-commerce, especially since the beginning of the COVID-19 pandemic, the government announced in its Fall Economic Statement 2020 its intention to enact new GST/HST registration and collection requirements for non-resident vendors and digital platform operators effective July 1, 2021.
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
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 ...
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Nov 30, 2020 · The new proposed GST/HST rules, which were announced by the Government of Canada on November 30, 2020, 1 would impose new GST/HST obligations to: Non-resident suppliers of digital products or services, as well as digital or distribution platform operators that facilitate the sales of digital products or services (distribution platform) that are not otherwise considered as carrying on business ...
