Quote:
Originally posted by Jay[neX]
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...
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So you're saying if TripleXMedia sent me $50,000 last year, I should also send them a bill for $3500 to cover my GST?