Reduction from 10% to 9% of Harmonised Sales Tax. Combined GST rate goes from 15% to 14% The Canadian province of Nova Scotia is to cut its Harmonised Sales Tax rate by 1% to 10% from 1 April 2025. With the federal level 5%, that
5% Federal Goods & Services Tax removed for two months There is a temporary GST/HST break on certain items from December 14, 2024, to February 15, 2025. Sales tax holidays are specific periods during which certain purchases are exempt from state or local sales taxes. These holidays are
Businesses subject to 3% DST must register by 31 Jan 2025 Businesses subject to the new Canadian Digital Services Tax must register Canadian Revenue Authority (CRA) by 31 January 2025. The first return, potentially covering the period since 1 January 2022 is then due by
1st September 2024 5% tax on online streaming services The Canadian TV and Telecoms Commission has announced a 5% streaming tax. This will be effective from 1 September 2024. The levy is chaged at 5% on Canadian-generated revenus with online streaming TV, video, music and
BC retrospectively broadens PST net on software The Canadian province of British Columbia has retrospectively widened the Provincial Sales Tax net on software. The change removes the limit of sales tax obligations from just ‘software programs’ to software. This means many digital services that did
Canada issues latest round of Goods and Services Tax refunds of over $220 each to 11 million citizens Canada’s Revenue Agency has confirmed a GST credit refund to over 11 million citizens to help support the less wealthy during the period of heightened prices. Canada
Facilitating marketplaces services due even when non-taxable supplies British Columbia has confirmed services provided by to facilitate the sale or provision of non-taxable services are still subject to Provincial Sales Tax. This measure was including in the Canadian provinces 2023 budget. The measure will be
The Canadian province of Québec was the first region to impose its sales tax, Québec Sales Tax (QST) on non-resident providers of e-services to its consumers. The current Québec QST rate is 9.976% Canada’s federal government imposed dits 5% Goods and Services Tax from 1 July
Income for mining or forging of digital currencies or NFT’s (cryptoassets) will not be subject to 5% federal GST/HST The Canadian Revenue Agency has proposed exempting income received from creating, or ‘mining’, Cryptocurrencies. This follows EU Cryptocurrency VAT proposals on mining, wallet services and payment
From April 2022 marketplaces responsible for tax collections The Canadian province of Alberta is to extend to facilitating marketplaces – Airbnb, Homeaway, Expedia and Vrbo – the obligation to collect the Tourism Levy. This would come into effect from 1 April 2022 as part of
