The Canada Revenue Agency has obtained a federal court order requiring PayPal to hand over years of transactional information from all business accounts in Canada. The scope of the order is incredibly broad, covering any business account holder who sent or received a payment over a nearly four year period from January 1, 2014 to November 10, 2017. The information to be disclosed includes:
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The Canada Revenue Agency has warned eBay sellers to pay tax on revenues earned from auction sales. CRA plans to begin conducting audits in the fall.
Canada Revenue Agency is currently running a user-generated video contest that asks people to create videos on the cost of the underground economy.
The Federal Court of Appeal has upheld an earlier decision ordering eBay to provide information on Canadian power sellers. The Globe and Mail reports that the Canadian Revenue Agency plans to escalate its investigation in light of the decision. A key part of the case turns on the fact that […]