PyROTech Posted September 27, 2007 Report Share Posted September 27, 2007 im not sure what is worse, the government coming after sellers for taxes or the chevy torrent. http://www.citynews.ca/news/news_15185.aspx Link to comment Share on other sites More sharing options...
HtownTurboBrick Posted September 27, 2007 Report Share Posted September 27, 2007 silly canadians...don't u know big brother is everywhere? but yea thats some BS, tax over a certain amount. just create mutliple accounts and sell under the radar as 50 different sellers haha. Link to comment Share on other sites More sharing options...
c70turbo5 Posted September 27, 2007 Report Share Posted September 27, 2007 hmmm... interesting, could you just get a bank account and business license in the nearest state? Link to comment Share on other sites More sharing options...
PyROTech Posted September 27, 2007 Author Report Share Posted September 27, 2007 hmmm... interesting, could you just get a bank account and business license in the nearest state?i dont understand. you mean get a bank account and business licnense in the US opposed to canada? then i would have to pay the us governemnt. Link to comment Share on other sites More sharing options...
c70turbo5 Posted September 27, 2007 Report Share Posted September 27, 2007 i dont understand. you mean get a bank account and business licnense in the US opposed to canada? then i would have to pay the us governemnt.i'm kind of thinking out loud here but:you get a license to operate in a state.... not license your business in the state. then set up a bank account in montana or something..... since the U.S. cannot obtain that information like your government can from ebay they cannot generate a number for your revenue. This said the U.S. Government cannot audit your small business since your actually based in another country. and on the flipside you can show your government that the company is actually operated within another country and all revenues are held in that country. I have some more thoughts... but no time right now to type them Link to comment Share on other sites More sharing options...
PyROTech Posted September 27, 2007 Author Report Share Posted September 27, 2007 i'm kind of thinking out loud here but:you get a license to operate in a state.... not license your business in the state. then set up a bank account in montana or something..... since the U.S. cannot obtain that information like your government can from ebay they cannot generate a number for your revenue. This said the U.S. Government cannot audit your small business since your actually based in another country. and on the flipside you can show your government that the company is actually operated within another country and all revenues are held in that country. I have some more thoughts... but no time right now to type themyes well, how about i vote and a government is elected that doesnt tax me and i pay for my services as i need them. Btw i dont break the law and what was suggested would break the law for me assuming i spend the money. I have spent along time figuring out taxes and there a pain in the ass. Link to comment Share on other sites More sharing options...
starfish Posted September 28, 2007 Report Share Posted September 28, 2007 One moment I'm reading about how you guys support liberal candidates who tell you that they are going to RAISE YOUR TAXES and the next moment you same guys are conspiring to cheat the government out of tax money collections. Ridiculous, I think so! Link to comment Share on other sites More sharing options...
c70turbo5 Posted September 28, 2007 Report Share Posted September 28, 2007 yes well, how about i vote and a government is elected that doesnt tax me and i pay for my services as i need them. Btw i dont break the law and what was suggested would break the law for me assuming i spend the money. I have spent along time figuring out taxes and there a pain in the jerk.i forgot to add one piece ...... the business set up in the states would have to "purchase" the items first... although you would purchase them from yourself at a much lower rate than you were really selling them for. Therefore there is still a paper transaction. your income will be too low to be taxable. It's taken from international business practice.... most big businesses have shell companies in countries that have low to no sales tax rates, therefore can be re-purchase by the U.S. company at a lower taxable cost. Link to comment Share on other sites More sharing options...
PyROTech Posted September 28, 2007 Author Report Share Posted September 28, 2007 i forgot to add one piece ...... the business set up in the states would have to "purchase" the items first... although you would purchase them from yourself at a much lower rate than you were really selling them for. Therefore there is still a paper transaction. your income will be too low to be taxable. It's taken from international business practice.... most big businesses have shell companies in countries that have low to no sales tax rates, therefore can be re-purchase by the U.S. company at a lower taxable cost.cool if i setup in the delwarin area but i still have to pay taxes back in canada on what i made there so now im double taxed. Im just saying i hate taxes. Link to comment Share on other sites More sharing options...
Che'_Moderator Posted September 28, 2007 Report Share Posted September 28, 2007 Its the same here its just self monitored. Anything you buy online new you are supposed to pay tax on, Link to comment Share on other sites More sharing options...
PyROTech Posted September 29, 2007 Author Report Share Posted September 29, 2007 Its the same here its just self monitored. Anything you buy online new you are supposed to pay tax on,i didnt think that you didnt have to pay taxes b/c it wasnt reported before lol. Link to comment Share on other sites More sharing options...
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