myCPE
myCPE

Doing Business in Canada? Understand the Canadian Income tax and Sales Tax Rules 2 Credits

Feb 20, 2024, 03:00 PM ET

Doing Business in Canada? Understand the Canadian Income tax and Sales Tax Rules 2 Credits

  • Rating

    4.4
  • Published on

    December, 1969
  • Subject Area

    Taxes

Learning mode

Live Webinar
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  • Take the assessment test
  • Get your certificate
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  • Answer the polling questions
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Feb 20, 2024, 03:00 PM ET

Learning Objective

  • To analyze income and sales tax registration and compliance requirements for non-residents who are doing business in Canada.
  • To discuss what it means to be "carrying on business" in Canada.
  • To analyze what activities can lead to a permanent establishment in Canada.
  • To inspect Regulation 105 withholdings on services performed in Canada.
  • To inspect Regulation 102 withholdings on employees working in Canada.
  • To discuss Canadian sales tax registration and filing requirements.

Course Overview

Are you selling goods and services in Canada? 

Whether you're a business operating in Canada or a non-resident entity conducting business with Canadian customers, understanding the Canadian income tax and sales tax landscape is crucial. Failure to comply with these regulations can lead to potentially damaging assessments by the Canada Revenue Agency (CRA).

Join our comprehensive CPD webinar where we'll provide you with insights into Canadian tax requirements, including GST/HST, non-resident obligations, and the taxation of digital products and tangible personal property. Whether you're already doing business in Canada or considering expansion, this webinar will equip you with the knowledge and tools to navigate the Canadian tax landscape effectively.

By attending this webinar, you'll not only gain a comprehensive understanding of Canadian tax regulations but also be better equipped to handle your tax obligations and prevent potential issues with the CRA. Don't miss this opportunity to enhance your knowledge and safeguard your business in the Canadian marketplace. Register today to secure your spot!

Key topics covered in this CPD Course:

  •  Overview Of Canadian Tax
  •  Canadian Income Tax Rates And Withholding Tax Rates
  •  Regulation 105 And Regulation 102 Withholdings
  •  Financing Considerations
  •  Excessive Interest And Financing Expenses Limitation
  • Canadian Sales Tax Overview
  • Traditional Registration Requirements
  • New E-Commerce Requirements Digital Products & Services
  • New E-Commerce Requirements Tangible Personal Property
  • The Mechanics Of GST/HST (General Framework)
  • Common Errors, Audit Issues, And Opportunities For Us-Based Sellers
  • Compliance Challenges And Best Practices 

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

About Instructor

Bruce Goudy
Bruce Goudy

Director, BDO Canada LLP

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Bruce is a director within the Indirect Tax practice in BDO’s Markham office, with more than 30 years of experience providing advice on indirect tax issues, including assistance with difficult tax audits, identifying and securing refunds of overpaid taxes, compliance and reporting, and accounting for indirect tax contingencies

Bruce’s clients range from global entities with footprints in Canada to owner-managed businesses in the automotive, manufacturing and distribution, real estate and construction, retail and consumer, and technology and life sciences sectors, as well as not-for-profit entities

Bruce has been a speaker at conferences and events, such as the Commodity Tax Symposium, Canadian Tax Foundation, and Institute for Professionals in Taxation.

Rita Trowbridge
Rita Trowbridge

Partner, BDO Canada LLP

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Rita Trowbridge leads client engagements for both private and public companies. Her expertise spans across a variety of industries including the manufacturing and distribution, technology, transportation and consumer business sectors.

Rita provides tax advisory and compliance services to both inbound and outbound clients. Her experience includes foreign reporting obligations, cross border transactions, treaty interpretation and review, inbound planning, outbound planning, corporate reorganizations, and corporate tax management and compliance.

Rita is a member of the Canadian Tax Foundation, International Fiscal Association, and the Institute of Chartered Accounts of Ontario. She has been a speaker at the Ontario Tax Conference & Live Webcast for the Canadian Tax Foundation (CTF) and published a paper for the CTF on Investing in Canadian Real Estate by Non-Residents. Rita has also been involved in the past in leading the In-Depth tax Courses for tax professionals.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

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1,824 ratings

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LL

Leslie Linsey, CPA (US)

I really enjoyed this. We have a project starting in Canada and it'll be ramping up soon so I wanted to hear this even though I'm only tangentially connected to the work. I thank God we have a tax dept that will spear head all the tax bits b/c it seems so very complicated to me.

NP

Nebojsa Pantic, CPA in Canada

I thought the course was very informative even for a Canadian CPA. It covered interesting detail as well as a variety of topics.

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