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

  • Accountant
  • CPA (CA)

Published: September, 2022

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  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • Liability to Canadian tax
    5 mins
  • Deemed services permanent establishment
    14 mins
  • Non-resident employer certification program
    30 mins
  • Canadian sales tax overview
    45 mins
  • QST Registration
    81 mins
  • Tangible personal property
    86 mins

Course Description

Are you selling goods and services in Canada?

If so, this CPD webinar will provide an overview of the Canadian income tax and sales tax registration and filing requirements and how to get ahead of potentially damaging assessments by Canada Revenue Agency.

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 

Learning Objectives

  • 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.

Recommended For

  • This CPD Webinar is designed for Canadian CPAs, tax professionals, and other professionals who want to understand the Canadian income tax and sales tax rules.

Who Should Attend?

  • Certified Public Accountant (CPA)
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Tax Professionals
  • Tax Pros

Course Qualification

Webinar Qualifies For

  • 2 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
  • 2 CPD Credit of Taxation for Chartered Professional Accountant (CPA Canada)

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

Presenter

About Presenter

Bruce Goudy

Director, BDO Canada LLP

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.

About Company

BDO Canada LLP

www.bdo.ca

What grew to be a leading provider of professional services to clients across Canada and beyond started as a single entrepreneur with a dream. BDO knows the challenges small businesses face, the growing pains of the mid-market, and what it means to become an enterprise, because that’s how the firm transformed over the last 100+ years.

Our teams deliver a comprehensive range of assurance, accounting, tax, and advisory services, complemented by emerging technology savvy, deep industry sector knowledge, and an understanding of the needs of local communities. As Canadian markets shifted over time, we adapted and evolved with them—offering a breadth of services to support the ever-expanding business landscape.

After years of national and international growth, our global BDO network positions us to provide consistent cross-border services to clients with global needs. With over 90,000 people working out of more than 1,600 offices in over 160 countries, the network generates worldwide revenue approaching $10.3 billion.

Our people-first approach to our talent experience has earned us multiple awards, including a spot among Canada’s Top 100 Employers for 2022

About Presenter

Rita Trowbridge

Partner, BDO Canada LLP

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.

About Company

BDO Canada LLP

www.bdo.ca

What grew to be a leading provider of professional services to clients across Canada and beyond started as a single entrepreneur with a dream. BDO knows the challenges small businesses face, the growing pains of the mid-market, and what it means to become an enterprise, because that’s how the firm transformed over the last 100+ years.

Our teams deliver a comprehensive range of assurance, accounting, tax, and advisory services, complemented by emerging technology savvy, deep industry sector knowledge, and an understanding of the needs of local communities. As Canadian markets shifted over time, we adapted and evolved with them—offering a breadth of services to support the ever-expanding business landscape.

After years of national and international growth, our global BDO network positions us to provide consistent cross-border services to clients with global needs. With over 90,000 people working out of more than 1,600 offices in over 160 countries, the network generates worldwide revenue approaching $10.3 billion.

Our people-first approach to our talent experience has earned us multiple awards, including a spot among Canada’s Top 100 Employers for 2022

Faq

FAQs content

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