Canadian eBayers Be Careful | Ramblings of an e-trader

Friday, 28 September 2007

Canadian eBayers Be Careful

The taxmen are coming at you. I remember when eBay was tax free when it first started. Back then, internet income was not taxable and then people began earning millions from eBay and taxmen wanted a share of the pie. Hhmm why don't they sell their own items?

Then British taxmen, seeing that American taxmen are successful in getting great revenue from eBay Sellers started to crack down on British eBayers too. That was a few years ago.

Now, Canadian eBayers want that kind of revenue too. They are going to crack down on eBay Canadian PowerSellers. Will eBay Canada co-operate fully with the tax authorities by providing full access to the taxmen to transaction records?

Besides, some people DO trade outside eBay and those ARE tax exempt :D

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