The Cross-Border Tax Podcast Series by BDO Canada

Tune into The Cross-Border Tax Podcast Series, brought to you by BDO Canada’s tax experts, as we share strategies to minimize overall tax obligations and liabilities while ensuring full compliance with local regulations.

Unlocking opportunity: Leveraging CETA to bolster Canada-EU trade 11/14/2025

Refining transfer pricing strategies amid rising tariffs 10/13/2025

Compliance in the digital age: A guide for Canadian DPOs 09/17/2024

Compliance in the digital age: A guide for Canadian DPOs 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 [2:20] What is a digital platform operator (DPO)? [2:55] Current compliance requirements [5:01] Overview of current rules for DPOs [7:12] Quebec’s new rules for DPOs [7:50] DPO Registration rules in other provinces [10:42] How can DPOs ensure compliance? [12:02] What kind of documentation is required? [13:50] Planning opportunities for DPOs [16:34] Brief summary of the key messages Quotes “The first thing is knowing what registrations you need. You need to know your threshold for each jurisdiction and monitor your sales every month. And you also need to know what information you need to gather to support either not having to register or if you do have to register, not having to collect the tax.” “A digital platform operator or a DPO as they're referred to, are businesses that offer an online marketplace that allows sellers to offer their products online for sale to buyers. Products can range widely from various streaming services, which many of us are familiar with, software, and goods that actually get delivered to your door.” “We've gone from a landscape where non-resident DPOs had little, if any, sales tax compliance in Canada and the provinces, and now they have to register to collect and remit up to five different sales taxes each with their own unique rule.” “The DPOs will also need to collect information for all transactions facilitated through their platforms for not only filing purposes, but also to report on their information returns. That's a lot of information for DPOs to collect, and it's a requirement that they might not have had before.” “DPOs with customers in Canada could have up to about eight different filings each year or different types of filings each year due to these new rules.” “Digital platform operators now face significant compliance burdens needing to register for, collect up to five different sales taxes in Canada. There's filing information returns requirements, and potentially dealing with a new 3% digital services tax.” “With Quebec's regulations, aligning closely with federal rules while BC, Manitoba, and Saskatchewan have their own thresholds and requirements.” “DPOs must collect a ton of detailed information from sellers and buyers to determine their tax obligations and ensure compliance with the new rules.” “Penalties. They can be hefty, but there are ways for DPOs to mitigate and eliminate their exposure if they find they’re offside.” /episode/index/show/c8e297d5-1a07-4699-a2ac-6f8856da85e7/id/33073217

Adapting to Canada’s e-commerce tax landscape: A seller’s guide 09/09/2024

Adapting to Canada’s e-commerce tax landscape: A seller’s guide 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: [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.” /episode/index/show/c8e297d5-1a07-4699-a2ac-6f8856da85e7/id/32978552

Maximizing GST/HST recovery when selling your business 09/03/2024

Maximizing GST/HST recovery when selling your business 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 discussion to maximize your GST/HST recovery. Guest information: Host: Guests: What you’ll hear in this episode: [2:16] The importance of planning and structuring to ensure sales tax recovery. [4:19] Advice for business owners on maximizing ITC recovery and sales tax recovery when preparing to sell their business. [6:38] Explanation of special rules for business owners to obtain maximum tax recovery. [12:06] Summary points for business owners contemplating selling their business. [14:40] Strategies for maximizing ITC before a sale and common mistakes to avoid in transactions. [18:15] The differences in sales tax rules across various Canadian jurisdictions. Quotes “The first point of advice I can give is plan, plan, plan. Make sure you have the proper planning in place, and the proper structure in place before you go ahead and sign contracts with your accountants, with your lawyers, with your brokers, et cetera.” “It's really helpful to, in advance, in contemplation of selling a business, maybe to do a diagnostic, a sales tax review, to make sure all of the issues hiding away in the closet that might come out and have to be resolved as part of a due diligence process.” “The dollars can be significant, especially when you look at lawyers, structuring accountants, valuation opinions, so on and so forth. There's considerable resources being invested in acquisition or takeover of businesses.” “…for anyone who is contemplating selling their business. One is to be careful who is signing the engagement letter for the work, which entity within the group is signing. Again, because GST and HST is very document driven, that is a very important factor.” "Don't forget about the sales tax. It's important. It's recoverable if things are set up properly." /episode/index/show/c8e297d5-1a07-4699-a2ac-6f8856da85e7/id/32784012

The GST Construction Rebate: What does it mean for developers? 08/26/2024

The GST Construction Rebate: What does it mean for developers? 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 [6:14] Government purpose of the new rebate [7:12] Effects of the new rebate on the REC industry [9:51] Provincial alignment with GST changes [11:11] Impacts on the rest of supply chain and the industry [12:42] Additional insights on the rebate Quotes “Everyone knows that right now we're in the middle of a very serious housing crisis. I mean, there's a lack of affordable rental housing. People just can't find places to live. I think one of the things we need to start with to frame this is a lot of people aren't familiar with exactly how the GST works on a residential rental construction.” “What a lot of people don't realize is when that building is completed and rented, the builder has to pay GST or HST depending on where you're living to Canada Revenue Agency based on the value of the property when it's completed.” “It's referred to as the Purpose-Built Rental Housing Rebate, and it's basically an enhanced version of the existing new rental rebates. It's designed to effectively eliminate GST and possibly HST, especially in Ontario, on certain new housing construction projects.” “Number one, they're (federal government) looking to reduce the cost of housing across the country because we all know housing has just become unaffordable for people, including for renters, not just owners. The second thing they're trying to do is they really want to increase the supply of these large multi-unit residential properties because people need a place to live and we just don't have enough supply these kinds of units right now.” “The new rebate doesn't apply to condominium units, there's going to be an inconsistent treatment of rental condominiums versus apartment buildings. If you built a multi-unit residential apartment, you'll be eligible for the new rebate. Whereas if you build a condominium tower with a number of condo units, you won't qualify.” “With respect to other HST provinces or the HST provinces, obviously Ontario is the biggest driver of this change given the population. I would say Ontario probably more than other provinces, have the most drastic need for housing at the moment.” “We could see that this is a significant win for large apartment builders because it'll definitely impact the profitability of their projects and over time hopefully increase the supply of rental units and apartments.” /episode/index/show/c8e297d5-1a07-4699-a2ac-6f8856da85e7/id/32642342

Clean technology and carbon capture tax credits 08/19/2024

Clean technology and carbon capture tax credits , 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 technology. [5.20] Impact of labour requirements on credit rates. [6.25] Impact of tax credits on Canadian businesses. [7.09] Complying with tax credit requirements: Challenges and solutions. [8.04] Preparing businesses for tax credit benefits. [8.45] Navigating new clean economy tax credits. Quotes “If you intended to use it for a clean tech purpose, but subsequently changed course during the project duration in the first decade, those investment tax credits would be clawed back at a rate dependent upon what that investment is valued at today.” “Canada has recognized the impact of climate change on our country, on the globe, and really also its effect on business. And so these tax credits are really trying to stimulate growth within our sustainability sector, as well as offset those expenses for our Canadian companies.” “Businesses should really be proactively meeting with their advisors, assessing their growth and their exit plans to make sure that they're best positioned to take advantage of all of these supports that are available, really to make you that much more competitive and attractive on both the buy and the sell side.” “…speak to your counterparts, your peers, your suppliers in industry, your associations that you are members of to find out really what initiatives are they considering across sustainability in their businesses and where are they investing and including technology capital as they grow.” /episode/index/show/c8e297d5-1a07-4699-a2ac-6f8856da85e7/id/32419077

An overview of changes to mandatory disclosure rules - LIVE in Toronto 07/18/2024

An update on Excessive Interest and Financing Expenses Limitation (EIFEL) rules - LIVE in Toronto 07/18/2024

Update on the U.S. tax landscape - LIVE in Toronto 07/18/2024

Section 186 - Input tax credits (ITCs) on the purchase or sale of a business - LIVE in Toronto 07/18/2024

The use of stock options in buy/sell transactions - LIVE in Toronto 07/18/2024

Key tax issues to consider for companies expanding outside of Canada 07/18/2024

The importance of tax due diligence when acquiring a business 07/18/2024

Implications of hiring or moving employees for companies coming inbound into Canada 07/18/2024

The Cross-Border Tax Podcast Series by BDO Canada

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