VATupdate

Share this post on

NFT Traders Must Obtain Proper Records To Claim Input Tax Credits

In Canada, “NFT artist or content creator must register for a GST/HST number, charge GST/HST on non-fungible tokens sold in Canada, collect that GST/HST, and pay it to the Canada Revenue Agency.”. It also highlight the importance of keeping proper tax record.

Source Cryptotaxlawyer

Sponsors:

VAT news
VAT news

Advertisements: