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Old 12-04-2002, 11:11 AM  
x582
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Join Date: Mar 2002
Location: heh?
Posts: 609
Canadians, watch out for CCRA.

If you are Canadian and you are running a paysite, be carefull because the CCRA (Canada Custom Revenu Agency) might knock on your door and want to collect GST on all sales you generated to your paysites.

ALL transactions are subject to this, you have to charge GST to all your customers whether they are from Canada, USA or whatever.

Even if you don't directly process the transactions yourself and you go thru a IPSP - you have to charge GST on those transactions.

This is also retroactive, so if you get audited - it can hurt bad.

Also, apparently you'll have to charge GST on your affiliate income. I.E. : If you are sending traffic to an affiliate program, you'll have to charge GST on the commision you receive. Let's say you recieved $50k from ARS last month - well, you'll have to invoice them for GST.

Some people already got audited and appealed of these decisions and lost. This is very serious and scary. You should contact your accountants or tax lawyer ASAP to clear this up.

Good Luck! :-)
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