The Department of Finance recently announced that virtual payment instruments will be included in the definition of a financial instrument in Canadian law. Since financial instruments are exempt from GST, it follows that virtual payment instruments will be exempt from GST. It is necessary for those dealing in virtual currencies to take note of the impact of these changes on their businesses.
What you need to know about the 2020 EU VAT Deadline
The EU Refund Directive VAT deadline is around the corner and this article deals with what you need to know about 2020’s EU VAT deadline in particular.
