September 28, 2007

Rev Can on the prowl


A story posted yesterday on the Globe And Mail web site states that the Canada Revenue Agency is now trolling eBay Canada for high volume sellers — looking to make sure eBay's biggest users are accurately reporting their income. They've successfully gotten a court order for the names, addresses, and other personal information for that website's biggest users.

'Canadians spend about $5-billion online each year and eBay is by far the largest electronic marketplace, accounting for about a quarter of the total sales. The site was visited by nearly 11 million Canadians in August, according to company figures. The CRA said in court filings that it is targeting people who qualified for eBay's PowerSeller program in 2004 and 2005. Only top eBay sellers can qualify for the program, which provides benefits to members. Those benefits include prioritized customer service, special promotions and sales tips.'

Not that I sell anything on eBay but I do know lots of people that do and while I don't know if they are PowerSellers or not, if it was me I would be making sure that I had receipts for tons of expenses.

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