Ebay to hand over personal info of sellers to Revenue Canada...

DoubleEagle59

I heard this morning on the radio that the Federal Gov't of Canada just won the judicial right to gain access to all personal info and Ebay info of Canadian sellers on Ebay who sell more than $1000 a month.

I guess the long awaited witch hunt has begun.

OKbustchaser

And this is a problem, how? You sellers DO show all your sales on your taxes, don't you?

fishcooker

Yes. All the liberals are paying "their fair share", and all the conservatives are law-abiding patriots. There couldn't be any tax fraud.

bestday

<< <i>I heard this morning on the radio that the Federal Gov't of Canada just won the judicial right to gain access to all personal info and Ebay info of Canadian sellers on Ebay who sell more than $1000 a month.

I guess the long awaited witch hunt has begun. >>



Canada needs all the money they lay their hands on....Canada's" Free" health care will approach 50 % of the gross domestic product

TavernTreasures

<< <i>

<< <i>
Canada needs all the money they lay their hands on....Canada's" Free" health care will approach 50 % of the gross domestic product >>




I would like get "free" health care here in the USA, rather than sending all my hard earned tax money to people of Iraq. And that is just the tip of the iceberg. The USA is a money tree to a lot of countries in form of aid.

Also all the illegal aliens here and many legal residents already get free health care here-just by walking into any hospital emergency room.

lathmach

It'll happen here too. It's just a matter of time.

Ray

Deadhorse

<< <i>It'll happen here too. It's just a matter of time.

Ray >>



You can bet it will, and I doubt it will be all that much time either.

pf70collector

Expect something from the IRS in Octoberaudit

ModernCrapNut

All you Canukies will just have to start paying your taxes.

The IRS is already wanting ebay to report all sellers who have annual sales of 100 units and $5,000.

Link to article

Longacre

Lots of 3rd party info gets reported to the IRS already. I don't see this as an issue if it helps with tax compliance and to close the tax gap. There is going to be some major tax reform in the next year or two (the most high profile being on the corporate tax side; there is only so much you can do with individual tax).