Quote:
Originally Posted by devilsknight
I'm not too worried right now...
I've probably made about $1000 selling on eBay this year...mostly getting rid of things we didn't need anymore before the baby came.
I'm going with the fact that they're probably going to target larger sellers at a certain price point.
Besides they have to make up the gap from the 2% GST cuts over the years somehow...perhaps even keep that ballooning deficit they keep increasing from getting worse !
|
My understanding is they can, and only will tax businesses or there for, ebay stores. They cannot simply expect every person to pay tax on a small or stupid private sale.
Would be like them telling me to charge tax at my garage sale because I may profit a couple bucks ?
Secondly, items would be taxed multiple times no? I buy a transformer at the store, I pay taxes. I then sell it privately on ebay for the same price yet they would expect taxes on it again ?
