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GST/HST for digital economy businesses New Measures

Posted on 15 June, 2021 at 0:05

I want my post in colourful as stay in Summer:)

As of July 1, 2021, digital economy businesses, including distribution platform operators, may have potential goods and services tax/harmonized sales tax (GST/HST) obligations under three proposed measures that were announced by the Government of Canada. This means you may have new obligations, including registering for, and charging and collecting the GST/HST.

…the CRA will take a practical approach to compliance and exercise discretion in administering these measures during a 12-month transition period, starting July 1, 2021.

You will be able to apply to register starting June 21, 2021.

 The new rules for non-resident digital economy businesses are proposed to start on July 1, 2021.

Find out if you need to register for the GST/HST

Please go to CRA's website to find out your GST obligations by click the link below

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/digital-economy-gsthst/find-out-need-register.html

 

Categories: Tax