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Old 11-18-2008, 09:24 AM   #15
Resolute 14
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Quote:
Originally Posted by fredr123 View Post
There was no evidence that any particular PowerSeller was in violation of the Income Tax Act. However, CRA argued that disclosure of the requested information was necessary to conduct a good faith audit to ensure compliance with the CRA. The appellants argued that a higher standard was required (that the CRA be conducting a serious and genuine inquiry into the activities of an individual). The lower standard was upheld.
I don't disagree that this is a fishing expidition by the CRA, and that this is perhaps the best means of defence eBay had. Instead, they focussed on sheltering the cheats rather than asking that the CRA justify the request. Bad move, and one that set a precident.
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