•   
  •   
  •   

Entertainment Ottawa signals plans to create Canada-wide child care system, collect digital sales taxes

00:55  01 december  2020
00:55  01 december  2020 Source:   msn.com

NFL trade deadline tracker: Latest news, buzz ahead of Tuesday's cutoff date

  NFL trade deadline tracker: Latest news, buzz ahead of Tuesday's cutoff date It's last call for NFL teams to make a trade this season, and there could be several players on the move after an early flurry of deals.The trade deadline is closing in, with 4 p.m. ET on Tuesday marking the cutoff. In recent weeks, a number of teams have already swung deals to add talent at a key position or shed salary while stocking up on draft picks. The action could continue into the final hours, as several franchises still have cause to make a move with the regular season approximately halfway complete.

There are different sales taxes levied in Canada . The tax charged depends on both the province and goods or services acquired. The PST is a retail sales tax that is payable when a taxable good or service is acquired for personal or business use, unless a specific exemption applies.

Disposable children 's diapers are qualifying children 's goods for purposes of the rebate. Because the rebate applies to sales at any point in the distribution chain, the wholesaler collects only the 5% federal part of the HST and pays or credits the rebate equal to the 10% provincial part of the HST to the

Chrystia Freeland holding her hand to her face: Deputy Prime Minister Chrystia Freeland announced Monday a plan to tax all digital services. © Sean Kilpatrick/Canadian Press Deputy Prime Minister Chrystia Freeland announced Monday a plan to tax all digital services.

Finance Minister Chrystia Freeland today announced the first steps in a multi-year plan to build a Canada-wide child care system to reduce costs for families and encourage more women with kids to join the workforce.

To pay for this proposed program — and to collect more revenue to cover a ballooning budget deficit — Freeland also unveiled the government's plan to levy sales taxes on digital companies.

Freeland said the government will create a new federal secretariat on early learning and child care that will work with the provinces and territories to design a new national system modelled on the one already in place in Quebec, where parents have access to child care services for less than $10 a day.

Opinion: Penn State suddenly finds itself with little to play for in pandemic year

  Opinion: Penn State suddenly finds itself with little to play for in pandemic year A 35-19 loss to Maryland drops Penn State to 0-3. And the sooner Nittany Lions fans don’t have to watch this meltdown, the better.For teams whose goals and dreams have already been dashed, what’s the motivation? As much as everyone wanted to play college football in 2020, it hasn’t been a picnic. Getting tested for COVID-19 all the time, the annoying precautions in the football building, the sacrifice of social life. And what’s the payoff at the end of the day if you’re not playing for a championship? Heck, you don’t even get the thrill of playing in front of 100,000 fans.

HST tax calculation or the Harmonized Sales Tax calculator of 2020, including GST Harmonized tax calculation for all the provinces of Canada . Regarding the sale of books, only the GST There is some items in Ontario that don't need sales taxes such as basic groceries, some drugs, child car and more.

This retail sales tax is charged when a good or service is purchased or acquired and is mandated by the provincial governments. To collect taxes , a small business has to create a GST/HST account with the CRA. However, there is a difference between a small supplier and one that needs to register

"Just as Saskatchewan once showed Canada the way on health care and British Columbia showed Canada the way on pricing pollution, Quebec can show us the way on child care," the fall economic statement reads.

The finance minister said the next federal budget — expected sometime in spring 2021 — will present a more concrete plan on how Ottawa will provide "affordable, accessible, inclusive and high-quality child care from coast to coast to coast." The federal government is committing $20 million now to begin the work of crafting its new "child care vision."

The government says the need for such a national system is obvious now, given how the COVID-19 pandemic has demonstrated the precariousness of work for many women.

Government data show that more women than men have been forced to stay home from their jobs to care for their kids during this pandemic-induced recession, because of mounting child care costs and a lack of available spaces.

Mississippi State coach Mike Leach thinks he had COVID-19 in March

  Mississippi State coach Mike Leach thinks he had COVID-19 in March Mike Leach might have had COVID-19 in March. His players at Mississippi State are dealing with it right now.The SEC announced Monday that Mississippi State does not have enough available players to compete against No. 21 Auburn this weekend because of positive coronavirus tests and subsequent quarantines within the program. Leach is not one of the currently affected Bulldogs, but he might have been in March.

The harmonized sales tax (HST) is a consumption tax in Canada . It is used in provinces where both the federal goods and services tax (GST) and the regional provincial sales tax (PST) have been combined into a single value added sales tax .

Governesses of rich children . Birth of a popular sport. Textile business links. The extremely long ears of desert rabbits help them (F) _. Changes like these have allowed some animals and plants to grow and develop successfully in a very challenging ecological system : the desert.

"COVID-19 has caused a she-cession, rolling back many of the hard-won gains women have worked for over past decades," the economic statement reads, using a term coined to describe the dramatic decline in the number working women this year.

"Canada cannot be competitive until all Canadian women have access to affordable child care."

While the details have yet to be worked out, the federal government will send more than $400 million to the provinces and territories starting in the next fiscal year to begin recruiting more early child care educators ahead of a possible surge in new spaces.

Feds to levy sales taxes on all digital products, services

Freeland also announced a plan to start levying digital sales taxes on consumers nationwide for the first time — a new system that could raise as much as $1 billion over the next five years.

Under the current rules, foreign-based digital businesses without a physical presence in Canada can sell goods and services without charging the GST or HST.

Lost amid COVID outbreak, postponement was possible loss of QB Myles Brennan for 2020

  Lost amid COVID outbreak, postponement was possible loss of QB Myles Brennan for 2020 Lost in the news of the LSU-Bama postponement due to COVID-19 and other developments was the possibility that Myles Brennan may miss the rest of 2020Then he said it again on Wednesday. But it went largely unnoticed.

The goods and services tax (GST) is a 5% federal tax you pay on most goods and services you purchase in Canada . In some provinces, the GST has been combined with provincial sales tax to create the most child care and educational services including tuition fees. Provincial sales tax .

If you're selling digital products online, should you pay your digital sales tax ? When you ask the Are you planning to offer a replacement product in the Thrive Members universe for SendOwl and Creating such a system would be a large project, possibly even more complex than all of Thrive

U.S.-based Netflix, for example, doesn't levy the GST or HST on its digital streaming services nationwide — but Apple, which does have Canadian operations, charges all its iTunes customers the relevant taxes.


Gallery: How to live comfortably on a social security income (Espresso)

a man and a woman sitting on a couch: It’s not always possible to save for retirement, and the Social Security Administration estimates that 21% of married couples and 45% of single seniors rely on social security for 90% or more of their income. It’s not ideal to retire without a nest egg, but here are a few tips on how to live comfortably on social security.

(Quebec and Saskatchewan already require Canadian and foreign digital service suppliers to register for and collect provincial sales tax on services like Netflix and Spotify.)

The government says the current regime is unfair to Canadian companies and "deprives the government of tax revenues that could be used to better the lives of everyone."

Freeland said sales taxes will apply to all goods and services consumed in Canada — regardless of how they are supplied. It's consumers who will pay the tax, not the companies themselves.

While the federal government has long said it would coordinate any new regime with other Western nations, Freeland said Canada is now prepared to go it alone on taxing digital companies.

Former finance minister Bill Morneau had had said the government would pursue digital sales taxes only once other G20 nations and the Organisation for Economic Co-operation and Development (OECD) crafted standards that could be applied in all jurisdictions. That international work is still ongoing.

Broncos sending game ball from win over Dolphins to team great entering hospice

  Broncos sending game ball from win over Dolphins to team great entering hospice Broncos coach Vic Fangio said Denver would be sending a game ball from its victory over Miami to team legend Floyd Little, who is entering hospice.The Denver Broncos, who Little played his entire career for (1967-1975), halted the red-hot Miami Dolphins' winning streak Sunday with a 20-13 victory. Afterwards, Broncos coach Vic Fangio said the team would honor one of the franchise's original stars by sending Little and his family a game ball.

Some observers — including Michael Geist, an internet law professor at the University of Ottawa — have warned it will be difficult to create this new tax as there will be significant administrative and enforcement challenges.

a close up of a screen: U.S.-based Netflix doesn't currently levy the GST or HST on its digital streaming services nationwide. © Shutterstock U.S.-based Netflix doesn't currently levy the GST or HST on its digital streaming services nationwide.

The government will consult with digital companies on how best to structure this new tax, but the government said Monday it plans to start collecting the funds in July 2021. The government says it expects to fetch $1.2 billion more in revenue over the next five years from the measure.

The decision to tax services offered by companies like Netflix is an about-face for this Liberal government. In the 2015 federal election campaign, then Conservative leader Stephen Harper promised a government led by him would never tax Netflix and the Liberals responded with a no-Netflix-tax promise of their own.

However, in the 2019 campaign, the Liberals, the NDP and the Greens all presented proposals in their platforms to tax multinational corporations that conduct their business online.

New tax on short-term rental accommodations

Another new tax will be applied to short-term rental accommodations booked in Canada on sites like Airbnb and VRBO.

With one game left, Dallas Cowboys keep NFL playoff hopes alive by beating Philadelphia Eagles

  With one game left, Dallas Cowboys keep NFL playoff hopes alive by beating Philadelphia Eagles Should Washington lose to Philadelphia next week, the winner of the Cowboys at New York Giants matchup will take the NFC East Division title.Credit their receivers burning the Eagles more than the Eagles burned theirs, as Philadelphia’s offense started quickly then sputtered spectacularly on Sunday.

Airbnb does not collect sales taxes from its customers. It's up to individual hosts to add the GST or HST to the rate they charge for a space — but the tax is applied unevenly and it's not required for hosts who make less than $30,000 a year in rental income.

With Freeland's new proposal, the GST and the HST will be collected on all stays and remitted by either the property owner or the companies that coordinate these digital bookings. It is estimated that this tax will increase federal revenues by $360 million over the next five years.

a person holding a cell phone: Under current federal tax policies, Airbnb does not collect sales taxes from their customers — and it's up to individual hosts to add the GST or HST to whatever rate they charge for a space. © Shutterstock/Daniel Krason Under current federal tax policies, Airbnb does not collect sales taxes from their customers — and it's up to individual hosts to add the GST or HST to whatever rate they charge for a space.

The government is also proposing millions more dollars in funding for the Canada Revenue Agency (CRA) to continue its crackdown on tax avoidance.

The tax collector will receive $606 million over the next five years to fund new initiatives "targeting international tax evasion and aggressive tax avoidance."

The money will be used to hire offshore-focused auditors to target the Canadians who hide income and other assets overseas. The money also will give the agency more capacity to audit "higher-risk tax filings" by high-net worth people, says the economic statement.

The government estimates that these measures will recover $1.4 billion in revenue over five years.

The cash injection follows a similar investment in 2016 that, the government said, is showing some positive early results — an estimated $3 billion in additional federal tax revenues have been assessed since the government started sending the CRA some $350 million more a year in funding. It is not yet known how much of that money owed has been collected.

Fantasy football sizzlers, fizzlers for 2020: Justin Jefferson leads rookie receivers .
Fantasy teams struck gold with Vikings wideout Justin Jefferson and Jaguars running back James Robinson, who raised their stock considerably for 2021.Sizzlers

usr: 0
This is interesting!