Valuation Of Imported Computer Software And Its Taxation In Canada.

As online and physical transfer of computer software grows, its taxation becomes a major concern for tax authorities. In Canada, the supply of most goods and services are subject to the Goods and Services Tax (GST). Computer software is not an exception to this rule. The taxation of computer software mainly depends upon the type of software imported and the medium through which it is imported into Canada.

The following questions have been addressed in this article:

How is computer software categorized for tax consequences in Canada?
How is computer software that is imported on a physical carrier medium taxed in Canada?
How is electronically transmitted software taxed in Canada?
Is there a tax on online computer programs accessed by means of a modem and telephone in Canada?

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