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Old 01-02-2017
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Default Canadian PP ..NOT Selling on EBAY .What About TAX

2016 was my first year selling online , made little less CAD15000 gross sales . not registered business ... what about TAX .... i am not selling on EBAY , selling elsewhere online so PP will send me report or i have to ask them ...do PP they report to CRA my revenue.... how it works ? thanks

Last edited by soli24; 01-02-2017 at 09:37 PM.
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Old 01-03-2017
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Default Re: Canadian PP ..NOT Selling on EBAY .What About TAX

Look on PayPal Canada site at the Help Center and type "taxes" in the search bar.

by law in the US, PayPal or any other online payment processor sends 1099 tax forms and reports to IRS for 200 transactions and over $20K gross sales. Not sure if CA has similar law in their books.
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