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Old 11-17-2008, 02:58 PM   #1
Bertuzzied
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Join Date: Apr 2004
Location: Market Mall Food Court
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Default Ebay is going down.

EBay Canada says it expects to start releasing personal information on its so-called "power sellers" to the Canada Revenue Agency this week.

Last April, the Federal Court of Appeal upheld a lower court ruling ordering eBay Canada to provide the tax agency with the names and gross sales figures for power sellers - anyone who makes at least US$1,000 a month for three consecutive months through the website.
The legal struggle had been going on since 2006, when the tax agency launched an investigation to determine whether such sellers reported all their eBay revenue on their 2004 and 2005 income taxes.


It's estimated about 32,000 Canadians make all or part of their income selling on eBay.

http://cnews.canoe.ca/CNEWS/Canada/2...432676-cp.html

I was a power seller before and I cancelled my stupid ebay account after they changed their feedback policies about 4 months ago. Sellers can no longer leave negative feedback to buyers. So if someone wins your auction and they do not pay, the seller can do nothing about it.

Ebay has been dying a slow death mostly because of their stupid desire to be like Amazon.
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