Starting January 2025, Ebay Canada to require SIN number for all sellers with more than 30 sales?

I was reading this article on Ebay and it states that as of January 2025, anyone with over 30 sales will have to provide a SIN number. 
https://www.ebay.ca/help/account/regulatory/sales-reporting/canada-digital-sales-reporting?id=5476#s...

It seems like quite a drastic update and I'm surprised more people haven't been talking about it.

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Re: Starting January 2025, Ebay Canada to require SIN number for all sellers with more than 30 sales

According to this help page, eBay reports sales transactions to CRA, not revenue per se:

https://www.ebay.ca/help/account/regulatory/sales-reporting/canada-digital-sales-reporting?id=5476#:...).
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Re: Starting January 2025, Ebay Canada to require SIN number for all sellers with more than 30 sales


@youruniqueself wrote:
Had a long chat ewith ebay who basically referred me to a tax expert. But, my issue is that ebay is reporting returns as a 1 item sold, wrong adress returns as revenue etc. Their reporting is faulty. They told me to take it up with my accountant lol. But, is the report they produce is wrong and they know it, what a can of worms to put on our back to fight with cra about.

Their reporting isn't faulty, that's just how it works.

 

If the buyer paid then that counts as a sale and counts as income. If you subsequently refunded the transaction then that's just an expense on your tax return that reduces your taxable income.

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Re: Starting January 2025, Ebay Canada to require SIN number for all sellers with more than 30 sales

Other expenses would be eBay fees including

  • fees on shipping,
  • buyer's sales tax,
  • international fees for credit card payments,
  • packaging costs,
  • shipping costs,
  • procurement (buying) costs,
  • storage rental,
  • PST/HST/GST
  • and possibly gas and other transit costs.

 

EBay doesn't /can't track those, and that is why you were told to discuss deductible expenses with your tax accountant.

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