Comments on: As a result of a Federal Court of Canada decision, eBay Canada has provided the Canada Revenue Agency (CRA) with the names of eBay sellers as well as their contact information and sales records http://1800hart.com/blog/2009/07/as-a-result-of-a-federal-court-of-canada-decision-ebay-canada-has-provided-the-canada-revenue-agency-cra-with-the-names-of-ebay-sellers-as-well-as-their-contact-information-and-sales-records/ HART's mind works in mysterious ways .. someone should take advantage of that Mon, 09 Jan 2012 08:10:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: stupid person http://1800hart.com/blog/2009/07/as-a-result-of-a-federal-court-of-canada-decision-ebay-canada-has-provided-the-canada-revenue-agency-cra-with-the-names-of-ebay-sellers-as-well-as-their-contact-information-and-sales-records/comment-page-1/#comment-24278 stupid person Sun, 30 Aug 2009 20:39:38 +0000 http://1800hart.com/blog/?p=1560#comment-24278 good! time to level the playing field and make them pay.We all work hard and pay taxes.Why should someone who retails online not have to pay? good! time to level the playing field and make them pay.We all work hard and pay taxes.Why should someone who retails online not have to pay?

]]> By: HART (1-800-HART) http://1800hart.com/blog/2009/07/as-a-result-of-a-federal-court-of-canada-decision-ebay-canada-has-provided-the-canada-revenue-agency-cra-with-the-names-of-ebay-sellers-as-well-as-their-contact-information-and-sales-records/comment-page-1/#comment-23603 HART (1-800-HART) Sat, 01 Aug 2009 20:51:37 +0000 http://1800hart.com/blog/?p=1560#comment-23603 Sadsac .. I think you are missing the crunch of this news .. Nothing has changed to convert non-businesses or hobbies to be converted to a business. Stuff as you say, are not considered a business. If, on the other hand you were going to stores, garage sales and selling the odd DVD's and books for resale and claiming expenses against the revenues and in fact, operating a business .. you would not want to ignore ebay transactions just like you wouldn't ignore other transactions. One of the main points of this news release is .. "in the case you were doing it wrong or omitting it from your prior income tax returns" ... you can amend previous years income tax returns to include this income at no penalties or interest or questions asked. If CRA decides to audit you, obtains the information and makes a decision that you were operating a business .. all of that could be costly for the taxpayer. But, despite all that .. Belise would be a nice place to retire :) Be sure to send us a postcard :D Sadsac .. I think you are missing the crunch of this news .. Nothing has changed to convert non-businesses or hobbies to be converted to a business. Stuff as you say, are not considered a business. If, on the other hand you were going to stores, garage sales and selling the odd DVD’s and books for resale and claiming expenses against the revenues and in fact, operating a business .. you would not want to ignore ebay transactions just like you wouldn’t ignore other transactions.

One of the main points of this news release is .. “in the case you were doing it wrong or omitting it from your prior income tax returns” … you can amend previous years income tax returns to include this income at no penalties or interest or questions asked. If CRA decides to audit you, obtains the information and makes a decision that you were operating a business .. all of that could be costly for the taxpayer.

But, despite all that .. Belise would be a nice place to retire :) Be sure to send us a postcard :D

]]> By: Sadsac http://1800hart.com/blog/2009/07/as-a-result-of-a-federal-court-of-canada-decision-ebay-canada-has-provided-the-canada-revenue-agency-cra-with-the-names-of-ebay-sellers-as-well-as-their-contact-information-and-sales-records/comment-page-1/#comment-23602 Sadsac Sat, 01 Aug 2009 13:57:42 +0000 http://1800hart.com/blog/?p=1560#comment-23602 I have had a ebay account for almost 7 years. I do not think you could hardly accuse me of operating a business with ebay. I have only sold things, that I purchased with after tax dollars. Small ticket items like books, DVD's audio books. In fact if truth be known, I think I've barely broke even when you factor in the ebay fees, paypal fees and the fact that many items I've listed didn't sell but still cost me to list. I can't wait to retire so I can move to Belise. I have had a ebay account for almost 7 years. I do not think you could hardly accuse me of operating a business with ebay. I have only sold things, that I purchased with after tax dollars. Small ticket items like books, DVD’s audio books. In fact if truth be known, I think I’ve barely broke even when you factor in the ebay fees, paypal fees and the fact that many items I’ve listed didn’t sell but still cost me to list. I can’t wait to retire so I can move to Belise.

]]> By: HART (1-800-HART) http://1800hart.com/blog/2009/07/as-a-result-of-a-federal-court-of-canada-decision-ebay-canada-has-provided-the-canada-revenue-agency-cra-with-the-names-of-ebay-sellers-as-well-as-their-contact-information-and-sales-records/comment-page-1/#comment-23601 HART (1-800-HART) Fri, 31 Jul 2009 15:00:44 +0000 http://1800hart.com/blog/?p=1560#comment-23601 There was actually a report on the CBC Late news last night that implied that there were EBay sellers here in Canada that make over $100,000 and not report their income .. Myself, I kind of find that hard to believe that 'big' ebay businesses would risk that. I can see the local hobbyists maybe pocketing up to $1000 per month to cover expenses or utilities or mortgage payments though .. but $8,333/month?? But - just in case it's true - it would be worth AMENDING their income tax to report it now - at least for the last 3 or 6 years before an audit comes. I'm not sure about ebay France - but, since early 2007 ebay in general has been working with governments so it is highly likely that is happening over there or, will happen soon as well. There was actually a report on the CBC Late news last night that implied that there were EBay sellers here in Canada that make over $100,000 and not report their income ..

Myself, I kind of find that hard to believe that ‘big’ ebay businesses would risk that. I can see the local hobbyists maybe pocketing up to $1000 per month to cover expenses or utilities or mortgage payments though .. but $8,333/month??

But – just in case it’s true – it would be worth AMENDING their income tax to report it now – at least for the last 3 or 6 years before an audit comes.

I’m not sure about ebay France – but, since early 2007 ebay in general has been working with governments so it is highly likely that is happening over there or, will happen soon as well.

]]> By: McLaughlin http://1800hart.com/blog/2009/07/as-a-result-of-a-federal-court-of-canada-decision-ebay-canada-has-provided-the-canada-revenue-agency-cra-with-the-names-of-ebay-sellers-as-well-as-their-contact-information-and-sales-records/comment-page-1/#comment-23600 McLaughlin Fri, 31 Jul 2009 07:50:38 +0000 http://1800hart.com/blog/?p=1560#comment-23600 I was visiting the tax man with a friend and was told that France has started paying attention to online sellers, although I was not told how they got the names. It sounds like they may have done the same thing because Mr. TaxMan wants his cut too. I was visiting the tax man with a friend and was told that France has started paying attention to online sellers, although I was not told how they got the names. It sounds like they may have done the same thing because Mr. TaxMan wants his cut too.

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