VATupdate
VAT

Share this post on

British Columbia (Canada) introduces VAT on Digital Services

British Columbia government is proposing that, from July 1, 2020, non-resident digital service suppliers (e.g. digital downloads, streaming services, etc.) will have to register for, collect, and remit 7% Provincial Sales Tax (referred as PST). This practice differs from the Canadian federal approach that is still considering introducing VAT on digital services for the entire country. Nevertheless, this act is also anticipated to be done by 2021.

Source: globalvatcompliance.com

Sponsors:

VAT news

Advertisements: