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As one example, consider digitized items which you might sell from your Canadian website, such as e-books, downloadable software, or subscriptions to content. Would likely be thought to be be selling “intangible personal property”. Unless your method also considered “intellectual property” (such as software or e-books you just produced or have obtained the rights for), seek it . have to charge L.S.T. The reason why, according to the Canada Revenue Agency, is that it COULD be applied inside Canada, even are going to isn’t.
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Are the principal(s) veteran? Do they belong to a single of web sites accounting professional bodies – Chartered Accountants (CA), Certified Practising Accountants (CPA) or National Institute of Accountants (NIA)? Part of amongst the 3 main writes in the official Zenithtaxpro blog organisations must complete at the number of annual Professional Development hours keep themselves up currently.
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