Quebec to tax some tech firms

Netflix is among online companies that will have to pay a new tax in Quebec
Netflix is among online companies that will have to pay a new tax in Quebec

Quebec will start applying a sales tax to some internet companies such as Netflix and AirBnb starting in 2019, the government of the French speaking province said Tuesday.

But only internet platforms selling "intangible goods or services" will be obliged to pay the provincal set at 9.975 percent, according to the 2018-2019 budget presented by the Liberal government of Premier Philippe Couillard.

Foreign platforms will have to register in Quebec in order to sell their services to the people of Quebec.

Starting January 1, 2019 these companies will have to assess this provincial tax and pay it to the government.

Companies that are Canadian but based outside Quebec will have to do so starting September 1 of next year.

Online retailers such as Amazon will be spared.

Canada is waging a campaign against tax dodging by big online companies. The federal government said recently it wanted to go after , although it did not say when.


Explore further

Canada considering tax on internet giants

© 2018 AFP

Citation: Quebec to tax some tech firms (2018, March 28) retrieved 22 July 2019 from https://phys.org/news/2018-03-quebec-tax-tech-firms.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
12 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more