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 TaxNewsFlash—online 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
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