Canadian Tax (HST)
Our business is based in Toronto, Ontario. Being a Canadian business doing business in Canada, we need to collect and pay taxes as per Canadian law. Only Canadians need to pay sales taxes (HST) because they live in Canada.
Since the US dollar is the standard currency for online purchases (and over 90% of our business comes from US clients), we charge in US funds. Of course, the fact that the pricing is in US funds doesn't matter as per Canadian law – we still need to collect and pay taxes as a Canadian based business.
The good news is you can still claim the taxes paid via your Canadian income tax. Please check with your accountant for further information.
Since the US dollar is the standard currency for online purchases (and over 90% of our business comes from US clients), we charge in US funds. Of course, the fact that the pricing is in US funds doesn't matter as per Canadian law – we still need to collect and pay taxes as a Canadian based business.
The good news is you can still claim the taxes paid via your Canadian income tax. Please check with your accountant for further information.
Updated on: 18/10/2019
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