Facebook and Instagram will charge the goods and services tax on online advertisements purchased through their Canadian operations, but other technology giants said they aren’t ready to follow suit just yet.
The U.S.-based social media networks said they decided to apply the taxes by mid-2019 in an effort to “provide more transparency to governments and policy makers around the world who have called for greater visibility over the revenue associated with locally supported sales in their countries.”
Source: Huffington Post
Source: Fresh Radio
Latest Posts in "Canada"
- Tax Court Expands GST/HST Housing Rebate Eligibility in Osagie v. The King Decision
- Leveraging the Taxpayer Bill of Rights During a CRA GST/HST Audit
- New GST Voluntary Disclosure Guidelines: Major Changes to CRA’s VDP Now in Effect
- Navigating GST/HST on Domestic and International Freight Transportation Services in Canada
- Final 2025 GST/HST Credit Payments Released for Eligible Canadians on October 3
