- Recent changes in British Columbia target digital products and services for provincial sales tax
- Changes apply retroactively to 2013 and broaden definitions under the PST rules
- The changes address a 2023 court decision that found certain cloud computing services were not subject to PST
- New non-compliance penalties, including for third-party providers, have been introduced
- Businesses in software and cloud computing industries need to review the changes to understand their impact
- Suppliers and purchasers may face tax liabilities for past years due to the new rules
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
