Apple reminds booksellers of new tax regulations in British Columbia

Apple on Tuesday sent a reminder to sellers of books whose content is available in the Apple Books Store about new tax regulations in the Canadian province of British Columbia. Payments for book sales in Canada have been reduced by a 7% provincial sales tax (PST) on Apple’s commission for publishers based there.

As detailed by the company in a note emailed to booksellers seen by Netcost-security.fr, Apple Canada now collects and remits the tax to the BC Ministry of Finance. Prior to this change, which began to take effect July 1, 2022, the responsibility for collecting PST fell to sellers, not marketplaces.

For this reason, beginning in August, British Columbia-based book publishers will see details of this tax in the Payments and Financial Reporting section of iTunes Connect, which is the platform for managing songs, books and movies sent to iTunes Store and Apple Books. Store.

As explained by Simply VAT“Online sellers will no longer need to register for PST in British Columbia unless they are engaged in taxable activities other than retailing in a marketplace. »

Apple also notes that there is also the 5% Goods and Services Tax (GST) in addition to the PST in Canada. You can read the full email below:

In accordance with current British Columbia tax regulations, effective July 1, 2022, remittances for sales on the Bookstore in Canada are reduced by a 7% provincial sales tax (PST) on Apple’s commission for publishers based in British Columbia. Apple Canada collects and remits the tax to the BC Ministry of Finance on your behalf. Starting in August, this tax will appear on your commission tax statement in the Payments and Financial Reports section of iTunes Connect.

Please note that PST is in addition to the 5% Goods and Services Tax (GST) currently deducted from your commission.

If you have any questions, contact us.

More details about these changes can be found on the iTunes Connect website.


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