What South Dakota v. Wayfair Means for Canadian Companies

Are you a Canadian company selling goods to US customers? If so, the Wayfair decision might drastically alter your US Sales Tax Exposure. The clear implication of the Wayfair decision is that there will likely be a mass rush of states adopting new sales tax laws that will mirror the far lower threshold of “economic nexus” that has been implemented by South Dakota.

Recent Changes to the QST Registration Rules for Non-Resident Suppliers of Digital Supplies

What are the new Quebec Sales Tax (QST) Rules? On March 27, 2018, the Quebec budget introduced new Quebec Sales Tax (“QST”) rules expanding the threshold of QST registrant requirements with focus on non-resident suppliers in the e-commerce sector.  The budget addressed the lack of specific rules for online sale transactions which previously led to […]

Three Reasons You May Need a Business Valuation

What is a Business Valuation? An independent business valuation is based on a sound set of principles and approaches to estimate the worth or fair market value (FMV) of a business.  The three approaches to determine FMV are the asset approach, the income approach, and the market approach. No matter which approach or method is […]

US Taxation of Canadian E-Commerce: Two Different Approaches, Two Different Results

The internet has changed how business is conducted, especially in a cross-border context. The ease and relatively inexpensive access to the internet, the emergence of social media sites such as YouTube, and the proliferation of company websites that operate as virtual storefronts, has created business opportunities where none existed before