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Proposed British Columbia “Netflix Tax” deferred

In February 2020, the province of British Columbia (BC) announced various provincial sales tax (PST) changes, some of which were proposed to take effect 1 July 2020. Most notable of the changes impacted Canadian sellers of goods and Canadian and foreign sellers of software and telecommunication services, requiring such vendors to register to collect 7% PST if specified BC revenues exceed CA$10,000. Due to COVID-19, the changes will not take effect until a new proposed date of 1 April 2021.

Source: BDO

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