Adapting to Canada’s e-commerce tax landscape: A seller’s guide
The Cross-Border Tax Podcast Series by BDO Canada
Release Date: 09/09/2024
Unlocking opportunity: Leveraging CETA to bolster Canada-EU trade
The Cross-Border Tax Podcast Series by BDO Canada
In this episode, Charmaine Goddeeris is joined by BDO Italy’s Guido Calderaro and BDO Ireland’s Carol Lynch to discuss the evolving impact of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). With CETA provisionally in force since 2017, the agreement continues to open doors to reducing tariffs, streamlining customs procedures, and enhancing regulatory cooperation. Learn how CETA is shaping transatlantic trade, where businesses are missing out, and how finance, customs, and tax professionals can unlock its full potential. Guest information: Host: , Director,...
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Refining transfer pricing strategies amid rising tariffs
The Cross-Border Tax Podcast Series by BDO Canada
Tariffs and trade disruptions are reshaping how companies approach transfer pricing. In this episode, Charmaine Goddeeris, Dan McGeown, and Hilary Coates offer practical guidance for tax and finance leaders on maintaining arm’s length pricing amid volatile supply chains and raw material costs. Focused on real-world solutions, the discussion helps businesses adapt established transfer pricing frameworks to today’s changing trade environment. Learn how to align customs valuations with transfer pricing policies, adjust strategies to reduce tariff impacts, and navigate common compliance...
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Compliance in the digital age: A guide for Canadian DPOs
The Cross-Border Tax Podcast Series by BDO Canada
Discover how Canada’s regulations are reshaping the digital marketplace for platform operators. In this episode, Craig Mulcahy, Bruce Goudy, and Michelle Minor break down the specifics of the new rules, their impact on operations, and the crucial compliance deadlines. Gain insights on strategies for compliance, the consequences of non-compliance, and the importance of data management. This is a must-listen for digital platform operators looking to succeed in a regulated digital world. Guest information: Host: Guests: What you’ll hear in this episode: [0:23] Intro...
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Adapting to Canada’s e-commerce tax landscape: A seller’s guide
The Cross-Border Tax Podcast Series by BDO Canada
In this episode of our Cross Border Tax series, Lyn Little, BDO’s National Franchise Industry Leader and Partner, delves into the intricate and complex tax regulations and registration requirements affecting sellers on digital platforms in Canada. The discussion covers navigating the current sales tax landscape, various compliance strategies to consider, and best practices for meeting compliance requirements. Tune in to gain a deeper understanding of the complexities of Canadian e-commerce taxes. Guest information: Host: Guests: What you’ll hear in this episode:...
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Maximizing GST/HST recovery when selling your business
The Cross-Border Tax Podcast Series by BDO Canada
In this episode, join host Danvir Roopra, BDO’s National Tax Due Diligence Leader and Tax Private Equity Leader, as he discusses strategies for maximizing GST/HST recovery when selling a business with guests Darren Taylor and Shelley Smith, Partners in BDO Canada's indirect tax practice. The discussion focuses on early planning and structuring to ensure the recovery of sales taxes on expenses related to selling a business, the importance of proper documentation, and special rules applicable to holding companies and other entities involved in such transactions. Tune in for an insightful...
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The GST Construction Rebate: What does it mean for developers?
The Cross-Border Tax Podcast Series by BDO Canada
In this episode, BDO’s , , and break down the GST/HST recovery opportunity for builders of residential rental properties. They will walk you through the complexities of enhanced tax relief and how it can potentially unlock significant financial advantages for your upcoming projects. Tune in for actionable strategies that could positively impact developers considering new construction. Guest information Host: Guests: What you’ll hear in this episode [1:28] GST on residential rental construction in Ontario [4:30] Details on the Purpose-Built Rental Housing Rebate...
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Clean technology and carbon capture tax credits
The Cross-Border Tax Podcast Series by BDO Canada
, and Sustainability Partner, , explore the incentives for manufacturing companies that invest in clean energy projects in Canada. These include five new refundable tax credits for clean technology and the reopening of Sustainable Development Technology Canada (SDTC) funding. Find out what opportunities these tax credits and grants can provide for our thriving Canadian and international green economy. Guest information: Host: Guest: What you’ll hear in this episode: [1.15] Funding landscape in Canada. [2.00] Five new fully refundable tax credits for clean...
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An overview of changes to mandatory disclosure rules - LIVE in Toronto
The Cross-Border Tax Podcast Series by BDO Canada
Recording date: November 2023. New mandatory disclosure rules came into effect in June 2023, which introduced new reporting obligations for select tax planning transactions and uncertain tax treatments. In this episode, and Chris Rathwell from the BDO Transaction Tax team explain the new rules for both reportable and notifiable transactions, surprising uncertain tax treatments that may be impacted, and what effect this could have on financial statements.
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An update on Excessive Interest and Financing Expenses Limitation (EIFEL) rules - LIVE in Toronto
The Cross-Border Tax Podcast Series by BDO Canada
Recording date: October 2023. Navigating the complexities of the EIFEL rules can be challenging. In this episode—recorded live at the Tax Updates & Emerging Issues event with BDO Canada and the Tax Executive Institute (TEI), Toronto Chapter on Oct. 12, 2023—we break down the revisions to EIFEL rules and their impact. Tune in to hear BDO’s and Jessica Blazejewicz explain who is affected, which deductions are involved, and how to adapt to the changes.
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Update on the U.S. tax landscape - LIVE in Toronto
The Cross-Border Tax Podcast Series by BDO Canada
Recording date: November 2023. In part three of our live podcast recorded at the Tax Updates & Emerging Issues event, BDO Partners and cover what you need to know about U.S. tax, including legislative updates, uncertain tax positions and exposure, the results of a recent court case challenging 5472 penalties, and much more.
info_outlineIn this episode of our Cross Border Tax series, Lyn Little, BDO’s National Franchise Industry Leader and Partner, delves into the intricate and complex tax regulations and registration requirements affecting sellers on digital platforms in Canada. The discussion covers navigating the current sales tax landscape, various compliance strategies to consider, and best practices for meeting compliance requirements. Tune in to gain a deeper understanding of the complexities of Canadian e-commerce taxes.
Guest information:
Host: Lyn Little, Partner, National Franchise Industry Leader
Guests:
Mélanie Camiré, Partner, Indirect Tax
Jay Tulsani, Senior Manager, Indirect Tax
What you’ll hear in this episode:
[1:56] Revenue thresholds that trigger tax compliance and registration requirements for sellers.
[3:13] Explanation of registration requirements for goods and services tax for those conducting business in Canada.
[4:18] Breakdown of provincial sales tax and its implications on each province.
[8:06] Details and how to avoid penalties for non-compliance of appropriate registration.
[12:37] Best practices and steps businesses can take to meet compliance requirements.
Quotes
“The idea behind these [tax] changes is to create a level playing field between non-resident businesses that's applied to Canadian consumers as well as Canadian businesses. These changes ensure that non-resident suppliers collect and remit sales taxes as required for supplies or services provided to Canadian residents.”
“It's very important for businesses to take a holistic look as to which registration system is more beneficial for them before making a decision on which path to go on.”
“Navigating provincial sales tax regulations requires careful attention to thresholds, registration requirements, and compliance obligations. It applies to you whether you're a digital services provider, or marketplace seller, or a consumer. Understanding these rules ensures smooth operations and avoids potential penalties or interest.”
“When a vendor decides to sell goods or services or intangibles across Canada, it must review its registration requirements.”
“Understanding registration and compliance obligation is crucial for businesses making sales to Canadian residents. Depending on the sales threshold, businesses might need to register for provincial sales taxes rather than GST, HST.”