Thursday, September 27, 2007

EBay vs. Bricks and Mortar


The Canada Revenue Agency has won a Federal Court order requiring eBay Canada Ltd. to turn over the names, addresses, phone numbers and e-mail addresses of all high-volume sellers on the popular website. The CRA wants to find out whether those individuals or companies are reporting the income they made from online sales in 2004 and 2005.

Now, if the city of Toronto wanted to be fair, they could also charge the same amount of property tax as they do other commercial properties. That would certainly raise a lot of revenue.

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