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:
Post Tagged with: "cra"
CRA Warns Ebay Sellers To Pay Taxes
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.
CRA Runs Video Contest on Underground Economy
Canada Revenue Agency is currently running a user-generated video contest that asks people to create videos on the cost of the underground economy.
Federal Court of Appeal Upholds Ebay Power Seller Decision
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 […]
CRA Warns Against Phishing Email
Perhaps this will get the Canadian government's attention about the need to address spam and phishing.