Quote:
Originally posted by ronaldo
Well,
Sleazy had me a little worried about paying GST on my affiliate commissions so I made a call to Rev Canada this morning.
I spoke with Carly and asked her two questions. 1. Do I have to pay GST on money my sponsor pays me. 2. How can Revenue Canada backcharge GST collections past a definitive ruling date.
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Your question #1 could be interpreted differently.
Basically, you would have to charge GST to the sponsor, not pay GST from your payout. Your payout is taxable, because it is a service.
Unless you wanna take a 7% hit...