Cable / Telecom News

As feds ponder applying GST to digital companies, Quebec has collected $261 million in sales tax in two years

By Denis Carmel OTTAWA – On Monday, April 19, Finance Minister Chrystia Freeland will deliver her first federal budget and it is expected it will be implementing changes to ensure the Goods and Services Tax/Harmonized Sales Tax (GST/HST) applies to all ecommerce transactions, including those facilitated by multinational digital giants. Back in November, the Minister indicated as of July 1, 2021, on-line providers would be required to collect and remit sales taxes, like every other business. That means that Netflix and other so-called web giants (Amazon, Dropbox, Spotify, Disney+, etc.) will be required to collect federal sales tax from Canadians....
 

Exit mobile version