Canada GST Tax Returns for Amazon FBA Sellers - File and Pay (the simple way)
In most cases, Amazon storeowners who sell on Amazon.ca will be required by the Canadian Revenue Agency (CRA) to register for the Goods and Services Tax and Harmonized Sales Tax program in order to be compliant.
Registration is just the first step, and in most cases a seller will need to file a return for GST/HST and pay the tax bill once per year.
The goal of this video is to show that the process is not as scary and complicated as many may believe, and we provide recourses to help you figure it out (or preferably hire a competent tax professional).
DISCLAIMER: The content provided in this video is intended to be informational purposes only, and is NOT intended to be taken as a tax advice or a substitute for speaking with an appropriate tax professional about your own unique situation.
Resources Mentioned:
Learn how Amazon sellers can get setup to sell on Amazon in Canada - http://CanadaChecklist.com
Set up a free Payoneer account ($100 sign up bonus currently offered at the time of this recording) - http://MaximizingEcommerce.com/Payoneer
(affiliate link - at no cost to you, we may receive compensation for using the above link)
Canada Revenue Agency GST/HST Guide - https://www.canada.ca/en/revenue-agen...
GST/HST NETFILE - https://www.canada.ca/en/revenue-agen...
Canada Revenue Agency Wire Transfer Instructions - https://www.canada.ca/en/revenue-agen...
Options for Competent GST/HST Tax Professionals
Sales Tax and More Inc.
Ellie Moffat
emoffat [at] salestaxandmore.com
Phone: (972) 752-8732
KB Financial Solutions - Bookkeeping & Tax Preparation
Lucas Simon
Director - International Sales and Marketing
E: lsimon [at] kbfinancialsolutions.ca
C: 604.849.2993