
If you are a Canadian Power Seller on Ebay, the government is coming after you. The new rules that take place this week will change the playing field for Canadian sellers. It’s bad enough that you get hit with Ebay fee’s and Paypal fee’s now you also have to declare the small amount of money that you are making. This might be a game changing plan for sellers. Since Revenue Canada is targeting Ebay Canada and asking for records only from Ebay then you might want to change market places. If you use iOffer or eCrater then Revenue Canada will not know about your income from these market places. The only way Revenue Canada would know is if Paypal is also releasing records. The other option is to sell locally for cash through Craiglsit and Kijiji and you would also save listing fees and closing fees. As Ebay stands right now it has become a more difficult market place to do business overall. With compaition from sellers in China and Hong Kong selling goods for next to nothing the North American sellers are losing a big chunk of market share. If I had to give advice to Canadian sellers I would say stop selling on Ebay and move to another market place. You can even start your own online store and advertise with Google Adwords, and it would cost you less then paying Ebay Fee’s. The Canadian Revenue Agency has killed Ebay Canada and small business efforts across the country. The government forgets that the Ebay sellers will use the money earned back in the Canadian economy and taxes would be collected at that time. Greed is a bad thing wish the government of Canada would reconsider this action, it is going to change a lot of families’ lives. In this economy this was a bad move. Oh Canada we step down from Ebay.
Tags: The Case Against Ebay As A Canadian and The New Tax Laws