Quote:
Originally posted by quiet
it's obviously you do not understand gst.
over 95% of our surfers are not Canadian. so it is assumed those 95%+ are gst exempt (zero rated). we offered to block all Canadian sales - and of course Rev Can was not interested.
we are in effect absorbing a 7% surcharge on all signups, that we can not force our subscribers into paying - since competition is global - and they are not adding 7% to there prices.
'concrete blocks'
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Quiet...o.k. this I do not understand...here is my scenario...and one which has withstood 4 Tax audits 5 GST audits and 19 years of business...which includes a good number of years that GST was not even in place...
I also own an Advertising firm ..and I have since 1983...approx 30% of my customers are stateside. I even have an American maildrop...not an office...just a maildrop...so that I can take advantage of sending my bulk mailings from stateside
I charge my Canadian customers GST...I charge my far eastern Canadian customers GST and HST..but I don't charge my US clients any taxes...Revenue Canada knows this and they fully endorse this...
And...my only comment I will ever make about earnings...unless you are a very very rich man...I can guarantee that my firm's gross billings are far above what you bring in from your adult sites...so my firm generates more then a passing interest from CCRA. So, I really can't fathom why the adult industry would be subjected to different rulings then any other international company.