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Originally Posted by WiredGuy
Simply said, when two canadian businesses do business together, you generally have to collect GST (under 30k in business per year and you need not to). So if I was to work with a canadian sponsor, I'd need to charge 7% to go towards GST. This is one reason I very very very rarely will work with Canadian sponsors.
WG
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Ok, I'm a little confused. As a Canadian promoting a Canadian sponsor, I need to pay 7% of all my earnings from said sponsor to GST? And does the under $30K exemption apply to all my earnings, or only earnings from Canadian sponsors?