How about the departure of Wuhan Star?Amazon Canada sellers take note of this detail
Amazon Canada is one of the three Amazon sites in North America. Canada, as a developed country, has high income and strong spending power for local consumers. Before the outbreak of the new crown, the number of online shoppers in Canada was very large, and the development of the domestic e-commerce industry was relatively mature. After the new crown epidemic, most Canadians began to buy Chinese products on Amazon, and local consumers still maintained the habit of online shopping. The number of Canadian consumers shopping on Amazon's cross-border e-commerce platform is more than in previous years.
Canada is the second largest country in the world and borders the United States. Although it is not as large as the United States, it is also one of Amazon's fastest growing sites, and it is also one of the markets that many cross-border e-commerce sellers want to dabble in. Sellers need to pay attention to compliance operations when doing Amazon Canada. This site has high requirements for compliance. As long as sellers operate in compliance, generally speaking, sellers can get better results. During the business process, sellers need to pay attention to filing and paying taxes in accordance with local requirements.
There are three types of federal and provincial sales taxes in Canada: federal goods and services tax (GST), provincial sales tax (PST) and unified sales tax (HST), of which HST is a combination of GST and PST.
Federal Goods and Services Tax: It is a national excise tax levied by the Canadian government and is applicable to the supply of most goods and services made in Canada. Except for agricultural products, which do not need to pay this tax, the rest of the products need to be paid;
Consumption tax: When an enterprise sells products or services, the government collects tax, and the consumer who buys the product or service ultimately pays the tax. The enterprise must pay the consumption tax collected on behalf of the tax bureau in a timely manner. It is a combination of provincial sales tax and unified sales tax. came later.
Sellers who want to sell products on Amazon Canada will need to pay federal goods and services tax (GST) or unified sales tax (HST) according to local tax laws. Sellers can pay sales tax to the Canada Revenue Agency by registering for a GST/HST tax number with the Canada Revenue Agency.
On July 1, 2021, the Canada Revenue Agency stipulated that all sellers (regardless of the company's registered address) who ship and receive goods in China will become taxpayers as long as they sell through e-commerce platforms. For sellers who sell through Canadian sites, as long as they ship from Canada to consumers in British Columbia (BC), Amazon will implement the obligation to calculate withholding and pay the BC PST tax.