- Canada is a major market for eCommerce, ranking 11th globally with significant revenue
- Key eCommerce sectors in Canada include fashion, electronics, and groceries
- Sales tax in Canada varies by province, with different rates and systems
- Canada has a Goods and Services Tax (GST) and some provinces also have a Provincial Sales Tax (PST)
- Alberta and some territories only apply GST, while other provinces have additional PST or a combined Harmonized Sales Tax (HST)
- HST rates vary, with most provinces at 15%, Ontario at 13%, and Nova Scotia reducing to 14%
- Businesses selling in Canada may need to register for GST/HST if they exceed a revenue threshold of $30,000 CAD in a 12-month period
- Registration involves obtaining a Business Number and can be done online or via other methods
- Compliance requirements include filing returns and possibly Canadian income tax returns for smaller businesses under the threshold
Source: taxconnex.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.
