Canada: Reminder of provincial sales tax obligations of marketplace facilitators (British Columbia)

Many online marketplace facilitators will have to collect beginning 1 July 2021.

Marketplace facilitators (British Columbia)

Many online marketplace facilitators will have to collect British Columbia’s 7% provincial sales tax (PST) beginning 1 July 2021.

Because of this change, as announced in British Columbia’s 2022 budget—read TaxNewsFlashonline marketplace facilitators must register and collect PST on many of the taxable sales facilitated through their marketplaces.

In addition, affected facilitators and certain other entities will also have to collect PST on certain online marketplace services starting 1 July 2022. As a result of these changes, online marketplace facilitators and other affected entities that are subject to the new PST rules must identify all affected sales and determine that their systems are sufficiently updated to collect and remit the sales tax as required.

Read a June 2022 report [PDF 196 KB] prepared by the KPMG member firm in Canada

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.