Yahoo Canada Web Search

Search results

1. www.canada.ca › en › revenue-agencyGST/HST for digital economy businesses - Canada.ca

   www.canada.ca › en › revenue-agency

   • Cached

   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.

2. www.canada.ca › en › revenue-agencyGST/HST for digital economy businesses: Overview - Canada.ca

   www.canada.ca › en › revenue-agency

   • Cached

   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 ...

3. Videos

   • 

     9:37

     youtube.com

     What is Goods and Service Tax (GST) / GST Explained in very simple language

     May 21, 2017

     1M Views

   • 

     5:51

     youtube.com

     What is GST? | All about GST

     Jul 8, 2017

     261.5K Views

   • 

     11:09

     youtube.com

     GST Provisions Simplified for Traders/ Retailers

     Aug 28, 2017

     114.3K Views

   View all

4. ipgcpa.ca › new-gst-hst-rules-for-digital-servicesNew GST/HST Rules for Digital Services and Platforms in Canada

   ipgcpa.ca › new-gst-hst-rules-for-digital-services

   • Cached

   Jan 22, 2023 · The rule is intended to apply to non-resident digital service providers from July 1, 2021, specifically when: Providing cross-border digital services and products. Goods supplied through Canadian warehouse services. Short-term accommodation through digital Platforms. Key Points to Note with new Digital Tax Rule

5. www.canada.ca › en › revenue-agencyGST/HST for digital economy businesses - Canada

   www.canada.ca › en › revenue-agency

   • Cached

   Jun 30, 2021 · Once you have registered for the GST/HST, you are required to begin charging and collecting the tax on the taxable supplies that you make in Canada. You may have different obligations depending on your type of business: Cross-border digital products and services. Supply of qualifying goods in Canada. Platform-based short-term accommodation.

6. www.cpacanada.ca › business-and-accountingNew GST/HST rules for digital sales: What you should know

   www.cpacanada.ca › business-and-accounting

   • Cached

   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 ...

7. www.ey.com › en_ca › taxCanada’s new reporting rules for digital platform operators ...

   www.ey.com › en_ca › tax

   • Cached

   Nov 24, 2023 · Relevant activity means a relevant service or the sale of goods for consideration. A relevant service includes the rental of real or immovable property, the rental of a means of transport, or a personal service. A personal service is a service involving time- or task-based work performed by one or more individuals at the request of a user. The ...

8. People also ask

   What does the new GST rule mean for digital service providers?

   • The proposed rule is set to make the playing field level when local digital service providers are subjected to GST/HST and third-party service providers and non-residents are exempted. The new regulation aims to bring the non-resident digital service providers into the tax net of Canada.

   New GST/HST Rules for Digital Services and Platforms in Canada

   ipgcpa.ca/new-gst-hst-rules-for-digital-services-and-platforms-in-canada-ipg/

   See all results for this question

   Are digital platforms subject to GST/HST in Canada?

   • Supplies of residential/commercial accommodation inside Canada for less than one month are subject to GST/HST under the new rules. The digital platform operator will be responsible for collections of tax only if the platform is a non-resident of Canada. Non-Resident vendors and operators can register for tax in Canada for standard GST/HST rules.

   New GST/HST Rules for Digital Services and Platforms in Canada

   ipgcpa.ca/new-gst-hst-rules-for-digital-services-and-platforms-in-canada-ipg/

   See all results for this question

   What are the new GST/HST rules in 2021?

   • After implementing new GST/HST rules in 2021, the Government of Canada proposed two new key changes: the introduction of a digital services tax through a new act and the implementation of new reporting obligations for digital platform operators via amendments to the Income Tax Act.

   Important Proposed Tax Changes For Digital Service Providers ... - Mon…

   www.mondaq.com/canada/property-taxes/1348836/important-proposed-tax-changes-for-digital-service-providers-in-2024

   See all results for this question

   Do you have to pay GST/HST to a digital platform operator?

   • Even if you are not required to register and charge and collect GST/HST, your customers may have to begin paying GST/HST to a digital platform operator on your supplies if they are facilitated through a digital platform. Types of businesses affected by each measure:

   GST/HST for digital economy businesses: Overview - Canada.ca

   www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/digital-economy.html

   See all results for this question

   Can a non-resident digital service provider claim GST/HST?

   • The non-resident digital service providers will not be responsible for collecting the GST/HST from buyers. However, they will not be able to claim input GST/HST as well. Any error on tax calculations would be irredeemable as well.

   New GST/HST Rules for Digital Services and Platforms in Canada

   ipgcpa.ca/new-gst-hst-rules-for-digital-services-and-platforms-in-canada-ipg/

   See all results for this question

   What are GST/HST rules?

   • These transactions include sales of digital products and services such as mobile apps and music/movie streaming to consumers in Canada. The rules would require affected non-resident vendors and distribution platform operators to collect GST/HST on sales to Canadian customers who are not GST/HST-registered.

   GST/HST proposals for digital sales - CPA Canada

   www.cpacanada.ca/business-and-accounting-resources/taxation/blog/2021/february/gst-hst-proposals-for-digital-sales

   See all results for this question

9. www.mondaq.com › canada › property-taxesImportant Proposed Tax Changes For Digital Service Providers ...

   www.mondaq.com › canada › property-taxes

   • Cached

   Jul 31, 2023 · The Government of Canada is taking notable strides towards transforming the taxation landscape for the digital economy. After implementing new GST/HST rules in 2021, the Government of Canada proposed two new key changes: the introduction of a digital services tax through a new act and the implementation of new reporting obligations for digital platform operators via amendments to the Income ...