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E-Bay power Sellers
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WINNIPEG -- EBay Canada says it expects to start releasing personal information on its so-called "power sellers" to the Canada Revenue Agency this week.
"While eBay strenuously objects to these requests made by the CRA, we are obliged to comply with the legal ruling," the company said in a recent letter sent out to affected customers.
Last April, the Federal Court of Appeal upheld a lower court ruling ordering eBay Canada to provide the tax agency with the names and gross sales figures for power sellers -- anyone who makes at least $1,000 US (about $1,200 Cdn) a month for three consecutive months through the website.
The legal struggle had been going on since 2006, when the tax agency launched an investigation to determine whether such sellers reported all their eBay revenue on their 2004 and 2005 income taxes.
It's estimated about 32,000 Canadians make all or part of their income selling on eBay.
Alberta, a Winnipeg man who didn't want his last name used, told CTV Winnipeg that he used to regularly sell old computer equipment, VCRs and CD players on eBay.
If in wrong area please move.
WINNIPEG -- EBay Canada says it expects to start releasing personal information on its so-called "power sellers" to the Canada Revenue Agency this week.
"While eBay strenuously objects to these requests made by the CRA, we are obliged to comply with the legal ruling," the company said in a recent letter sent out to affected customers.
Last April, the Federal Court of Appeal upheld a lower court ruling ordering eBay Canada to provide the tax agency with the names and gross sales figures for power sellers -- anyone who makes at least $1,000 US (about $1,200 Cdn) a month for three consecutive months through the website.
The legal struggle had been going on since 2006, when the tax agency launched an investigation to determine whether such sellers reported all their eBay revenue on their 2004 and 2005 income taxes.
It's estimated about 32,000 Canadians make all or part of their income selling on eBay.
Alberta, a Winnipeg man who didn't want his last name used, told CTV Winnipeg that he used to regularly sell old computer equipment, VCRs and CD players on eBay.