@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.
