VATupdate
VAT

Tax rules for digital sales introduced in Canada: Levelling the playing fields

At the end of November 2020, the Canadian government announced rules and regulations for foreign vendors related to goods and services tax/harmonised sales tax (GST/HST) in its digital economy.

In a period where COVID-19 has grabbed the headlines and other news has had less of a focus, time is now of the essence for companies to ensure compliance with these new and highly complex taxation requirements. The new regulations apply from July 1 2021.

Source International Tax Review

Sponsors:

VAT

Advertisements:

  • VAT
* click here if you have interesting news to share *