Re: Tax Relief holiday announcement
Summary: lotzofuniquegoodies shares information from eBay's announcement regarding upcoming sales tax holiday relief in Canada. They explain that while eBay doesn't offer a buyer exemption system for Canadian buyers, there are ways to avoid or reduce taxes such as applying for rebates or using eBay's tax exemption tool. Listing prices on eBay.ca are exclusive of taxes, and import charges apply, especially for international shipping. They mention issues with tax removal, noting that larger chains generally manage correctly but smaller businesses face challenges. A link to further details on GST holidays is also shared.
For anyone that hadn't seen.
https://community.ebay.ca/t5/Announcements/Upcoming-sales-tax-holiday-relief-in-Canada/ba-p/514777
As per a google search for the subject. Pre Announcement
- First Nations buyers: Apply for a rebate to the CRA on exempt purchases.
- Provincial exemptions: Go to the respective tax authority for a refund.
- Tax-exempt buyers: Provide eBay with documentation to prove that you are tax-exempt. You can use the eBay tax exemption tool to verify and manage your tax-exempt status.
- Review state-by-state requirements: You can review state-by-state requirements for tax-exempt applications on mytaxhack.com.
- Listing prices on eBay.ca are exclusive of GST/HST/QST/PST, where applicable.
- Applicable taxes may be added at checkout.
- Buyers are responsible for paying import charges.
If you offer international shipping, you can't include import costs in the item's purchase and shipping price.
- Let international buyers know this in your listings.
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There have been questions to Revenue Canada asking if businesses could opt out. Basically no. It will be interesting to see how this plays out.
lotzofuniquegoodies
OP1 year agoHas anyone noticed if transactions are having taxes removed correctly when it was applicable to do so? From recent personal observations, larger chains seem to have gotten it correct. Smaller businesses it has been a nightmare with tinkering required.