Apple on Tuesday sent out a reminder to sellers of books with content available on the Apple Books Store about new tax rules in the Canadian province of British Columbia. Remittances for book sales in Canada have been reduced by 7% provincial sales tax (PST) on Apple’s commission for local publishers.
As detailed in an emailed note I saw to book sellers, Apple Canada now collects and remits the tax to the British Columbia Department of the Treasury. Prior to this change, effective July 1, 2022, merchants, not marketplaces, were responsible for collecting PST.
For this reason, starting in August, BC book publishers will see detailed information about this tax in the Payments and Financial Statements section of iTunes Connect, the platform for managing songs, books, and movies submitted to the iTunes Store and Apple Books. Keep.
As Simply VAT explains, “Online sellers will no longer need to register with PST in British Columbia, unless they are engaged in a taxable activity other than retail sales on the marketplace.”
Apple also notes that in addition to PST, there is a 5% Goods and Services Tax (GST) in Canada. You can read the full letter below:
In accordance with British Columbia tax law, effective July 1, 2022, remittances for Bookstore sales in Canada are reduced by 7% Provincial Sales Tax (PST) on Apple’s commission for publishers based in British Columbia. Apple Canada collects and remits tax to the British Columbia Department of the Treasury on your behalf. Beginning in August, this tax will show up on the commission tax report 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 please contact us.
More information about these changes can be found on the iTunes Connect website.
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