Canadian Sales Tax Compliance Challenges for U.S. Companies

Mastering New Provincial Harmonized Sales Taxes, Nexus Standards, and Other Critical Topics

Recording of a 110-minute CPE/CLE webinar with Q&A


Conducted on Wednesday, March 31, 2010

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will provide tax advisors to U.S. companies conducting business in Canada with the latest updates and insights into important sales tax-related developments in Canada. Experienced Canadian tax advisors will outline recommendations for sharpening your company's tax compliance and audit preparation.

Description

Tax professionals at U.S. companies selling goods in Canada face important changes in sales tax compliance and policy. Ontario and British Columbia will convert their provincial sales taxes to harmonized sales taxes (HSTs) effective July 1, 2010, at commensurately higher tax rates.

Thus, U.S. taxpayers are grappling with the new transitional tax regulations, as well as certain pre-implementation regulations that take effect May 1, 2010. Meanwhile, the evolving "doing business in Canada" nexus standard for federal GST and provincial taxes remains a challenge.

U.S. companies must also stay attuned to issues repeatedly arising in Canadian audits, such as whether they have self-assessed tax. Updates from tax advisors who work routinely on federal goods and services tax (GST) and provincial taxes will help your tax staff prepare for Canadian compliance.

Listen as our panel of experienced tax advisors brings you current on important developments involving GST and sales taxes in Canada and offers recommendations for sharpening your company's tax compliance and audit preparation.

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Outline

  1. Upcoming harmonized sales taxes in Ontario and British Columbia effective July 1, 2010
    1. New HST rates (13% in Ontario, 12% in British Columbia)
    2. Complying with provinces’ transitional rules for new taxes
      1. Including certain pre-implementation rules effective May 1, 2010
      2. Point-of-sale rebates
      3. Input tax credit restrictions
      4. Housing industry and new housing rebates
    3. Complying with relevant CRA Notice 244, Notice 246, Notice 247, other guidance
  2. Working with CRA’s evolving “doing business in Canada” nexus standard
    1. Comparison and contrast with U.S. physical presence standard
    2. Lack of meaningful tests in Canadian courts
  3. Issues in audits for Canadian federal GST and provincial HSTs or sales taxes
    1. Emphasis on self-reporting of Canadian version of use tax

Benefits

The panel will address these and other new or evolving developments:

  • The new Ontario and British Columbia HSTs: What issues will the transition to the new taxes create for your company, and what are the key terms of related rules and guidance?
  • Nexus for GSTs, HSTs and PSTs: Given the lack of court guidance on the "doing business in Canada" standard, what nexus pitfalls must you watch for?
  • GST and sales tax audits: On which issues are the Canadian revenue authorities particularly focusing now?

Faculty

Alan Kenigsberg
Alan Kenigsberg

Partner
Stikeman Elliott

His tax law practice emphasizes commodity taxation (including goods and services tax and provincial sales taxes) and...  |  Read More

Kal Ruprai
Kal Ruprai

Partner, Indirect Taxes
Meyers Norris Penny

He has more than 14 years of experience practicing on commodity taxes and has extensive experience with GST and HST...  |  Read More

Rod Butcher
Rod Butcher
Director, Tax Advisory Services
Ryan

He has more than 25 years of experience with sales tax reviews and other tax matters for corporations and for advisory...  |  Read More

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