Canada: Sales tax changes (British Columbia)

Although the changes were expected, software and cloud computing businesses may be surprised to see the extensive scope of B.C.’s new rules, especially given their retroactive application. Businesses that may have applied the previous PST legislation to determine the tax status of some of their digital products and services need to review these changes to understand how they may affect their position on cloud services or other digital products. In particular, these businesses, including suppliers and purchasers, will have to determine whether they may face a tax liability for past years now that these changes are enacted. 

Read a May 2024 report prepared by the KPMG member firm in Canada



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