Re: Canadian Amazon Account Taxes
Than-you for the information.
Are we saying that any one person can't have more that one federal BIN.
But I have found this information
When you own a Sole Proprietorship, General Partnership or Partnership.
If you operate a Sole Proprietorship, General Partnership or Partnership in any Province, these registrations do not have the ability to operate a secondary business underneath these existing businesses however you can operate a secondary business by registering another Sole Proprietorship, General Partnership or Partnership. In doing this, you will operate 2 completely separate businesses with separate bank accounts, separate HST, payroll etc.
Banking and taxation for a Sole Proprietorship, General Partnership or Partnership would fall under the individual owners of the business, the same as the original business in operation. The existing HST, payroll and any other accounts cannot be shared by the new business with the existing business registration. You may need to set up a new and secondary HST, payroll and any other accounts such as WSIB under the new business.
So doing this it would give me 2 separate business licenses and numbers registered in the province
Now I feel so confused
I want to register a new sole proprietorship in the new business name so I can get an HST account to use for the account.
Not sure what to do....I'm afraid they will verify the person who owns the business to the person on the account.
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