Death and Taxes
Seems the Canada Revenue Agency is interested in Ebay power sellers (from CTVNews.ca):
Canadians who auction their goods on eBay can now expect to have their personal information released to the Canada Revenue Agency.
The online auction site has sent a letter to affected customers telling them the law now requires it to send the tax agency the names and gross sales figures of so-called "power sellers." These are eBay sellers who make more than US$1,000 a month in sales over three consecutive months on the site.
"While eBay strenuously objects to these requests made by the CRA, we are obliged to comply with the legal ruling," the company said in the letter.
Now, here's my take on this
If you're simply selling some of your old stuff (regardless of its worth) the CRA should have no right to tax you on any revenues you recieve from those sales. They already got thier slice, it's called the GST.
But - if you're using Ebay as an online marketplace for new goods or services you're producing, then that's a different story.
