How Does Canada's Tax System Work for Amazon Sellers? – Quebec Sales Tax (QST) – 9.975%. Calculated on the selling price excluding the GST. Collected on the supply of most goods and services. Nunavut GST 0.0% 5.0% 5.0% Now that you understand more about the different taxes in Canada, It's important for both small and large volume Amazon resellers to know whether they'll need to pay taxes or not. Slow Growing (Required to pay taxes): -Exceeds $30,000 in sales in the previous 4 calendar quarters. – Under the $30,000 threshold, many businesses will qualify for the small supplier exemption. (Be sure to consult a tax professional to make sure you qualify.) With a multi-currency account, like the one from PingPong, you can keep your earnings in the currency you choose. So, you can opt to keep some or all of your earnings in Canadian dollars. That way, you avoid double exchange fees if you've got a tax payment to the Canadian government coming up. More control over your Amazon Canada payouts means you keep more of your earnings.
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