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Angelo_
The Network Guy
Premium
join:2002-06-18
ponder this

Is the CRTC allowing Bell Canada to charge large sums of money because of the new HST law coming into effect. Essentially all that extra revenue will be taxable and it will be a huge cash stream for both the government and BELL.

DragonSpyre

join:2009-05-20
Aurora, ON

I really do believe that you are on to something with that. Then again the Canadian government is now taxing Ebay users as well for the goods you sell being considered a source of revenue for the seller and must be reported and income tax applied. Very interesting when you already paid income tax for the money you earned at work, paid GST PST and soon to be HST on the item when you bought it from the store, now when you want to sell it you are being hit with income tax once again... When will it end?

penguin318

join:2008-07-23
Merrickville, ON

said by DragonSpyre See Profile :

Then again the Canadian government is now taxing Ebay users as well for the goods you sell being considered a source of revenue for the seller and must be reported and income tax applied.
If I remember it right, its not all users. Its only users who sell a certain amount of items and make a certain about of $$$. If someone is making a living off ebay they should pay tax ITS A BUSINESS. Now if i'm wrong and they are trying to tax all Canadian ebay users than that is just a money grab.

globus999

join:2008-05-15

reply to Angelo_
Re: ponder this

said by Angelo_ See Profile :

Is the CRTC allowing Bell Canada to charge large sums of money because of the new HST law coming into effect. Essentially all that extra revenue will be taxable and it will be a huge cash stream for both the government and BELL.
Naaahhh... They are not THAT intelligent. It's just plain ol stupidity, bribery, greed and messianism. Hail King Harpo!

globus999

join:2008-05-15

reply to penguin318
Naaahhh.... Theoretically, every time you sell something, even if it is a garage sale, you have to pay GST and PST unless excempt. Whatever profit is left, you are supposed to add it to your yearly income (minus expenses, of course) and then pay taxes over the total. Nothing new here. Ol story.

freejazz_RdJ

join:2009-03-10

reply to Angelo_
I don't think the Gov't is interested in the extra tax revenues from your broadband. In fact, under HST, broadband hardware purchases by carriers (Bell, Primus, anyone really) for fixed networks will not be taxed. I do not know if it applies to wireless hardware like cell or wimax networks.

The impetus for HST is not so much the extra revenues, but that business lobbied long and hard for HST to simplify the collection and remittance of taxes. Administering two distinct taxes that apply to different things was seen as a major administrative burden.

I do believe it will increase revenues however, and also lead to lower admin expenses for both business and Gov't.

pat2008

join:2008-11-19
Mississauga, ON
·TekSavvy Solutions..

reply to penguin318
I completely disagree. You bought that 42" plasma and paid $129 in tax (13%) @ $999 now you have to pay tax again to sell it?

Only way i agree with it is if someone is running an ebay office taking in peoples items to sell and making a commission off of it. Otherwise we've already paid tax on the items we sell.

They have even talked about taxing people for garage sales because it's a "source of income" for some people who have more then 3 garage sales a year.

Our government is trying to find to many ways to take money from us and thats all i see these days nothing positive.

My wee little rant about the comment :P I get so annoyed with feeling like i'm pintched for ever cent they can is all :P

MaynardKrebs
Premium
join:2009-06-17

reply to freejazz_RdJ
said by freejazz_RdJ See Profile :

I don't think the Gov't is interested in the extra tax revenues from your broadband. In fact, under HST, broadband hardware purchases by carriers (Bell, Primus, anyone really) for fixed networks will not be taxed. I do not know if it applies to wireless hardware like cell or wimax networks.

The impetus for HST is not so much the extra revenues, but that business lobbied long and hard for HST to simplify the collection and remittance of taxes. Administering two distinct taxes that apply to different things was seen as a major administrative burden.

I do believe it will increase revenues however, and also lead to lower admin expenses for both business and Gov't.
But not likely any cost reductions that can be seen in the hands of consumers as businesses reduce their tax processing costs.


El Quintron
Could you spare a consulting gig?

join:2008-04-28
Etobicoke, ON
·TekSavvy Solutions..
·Acanac

said by MaynardKrebs See Profile :

But not likely any cost reductions that can be seen in the hands of consumers as businesses reduce their tax processing costs.
Well no, because isn't corporation supposed to maximize profits for its shareholders, so why reduce costs when you can just pay dividends?
--
They vilify us, the scoundrels do, when there is only this difference, they rob the poor under the cover of law, forsooth, and we plunder the rich under the protection of our own courage.


An_Onymous

@teksavvy.com

reply to freejazz_RdJ
>In fact, under HST, broadband hardware purchases by carriers (Bell, Primus, anyone really) for fixed networks will not be taxed.

Basically, the tax burden will be transfered from businesses such as BCE to ordinary working stiffs Canadians.

Gruesome

join:2007-10-18
Milton, ON
·Cogeco Cable
·TekSavvy Solutions..

reply to Angelo_
said by Angelo_ See Profile :

Is the CRTC allowing Bell Canada to charge large sums of money because of the new HST law coming into effect. Essentially all that extra revenue will be taxable and it will be a huge cash stream for both the government and BELL.
I don't think the CRTC gives too hoots bout HST in Ontario, thats a bit more tinfoil hat than I can sign on for

shepd

join:2004-01-17
Kitchener, ON
reply to Angelo_
Not likely. As a crown corporation, the CRTC won't see a dime of the HST. Not worth the effort to impress the gov't du jour.


An_Onymous

@teksavvy.com
>As a crown clown corporation, the CRTC...

Better word to describe them...

Livadia

join:2007-12-18
Canada

reply to pat2008
said by pat2008 See Profile :

.......................................................................................
They have even talked about taxing people for garage sales because it's a "source of income" for some people who have more then 3 garage sales a year.

Our government is trying to find to many ways to take money from us and thats all i see these days nothing positive.
............................................................................................
Well, don't you think that if someone holds five garage sales per year is not a typical household? With your logic then, all the second-hand stores (heck, even all stores) should declare themselves "garage sales" and not pay any taxes. Then guess who is going to pay for all government expenditures (that being stimulus, health care, education and so on).

In some posts I am afraid , anti-government rhetoric reaches american levels!


Oinktastic

join:2005-08-24
Scarborough
·TekSavvy Solutions..
·3 Web

said by Livadia See Profile :

said by pat2008 See Profile :

.......................................................................................
They have even talked about taxing people for garage sales because it's a "source of income" for some people who have more then 3 garage sales a year.

Our government is trying to find to many ways to take money from us and thats all i see these days nothing positive.
............................................................................................
Well, don't you think that if someone holds five garage sales per year is not a typical household? With your logic then, all the second-hand stores (heck, even all stores) should declare themselves "garage sales" and not pay any taxes. Then guess who is going to pay for all government expenditures (that being stimulus, health care, education and so on).

In some posts I am afraid , anti-government rhetoric reaches american levels!
I agree that five garage sales a year is excessive, but what if the first four got rained out?

I realise you're probably just messing around, but the idea of a business with a business address and a storefront could somehow get out of paying taxes on their sales is a bit far-fetched.

Oh wait. I've been to Pacific Mall, so I should have known better.


An_Onymous

@teksavvy.com

reply to pat2008
>They have even talked about taxing people for garage sales because it's a "source of income" for some people who have more then 3 garage sales a year.

So if garage sale is treated as a income, then someone that sells stuff should be treated like a business. If they sell below the cost of the item after depreciation is in fact losing money. They should be able to deduct that off their taxes!?

shepd

join:2004-01-17
Kitchener, ON
·TekSavvy Solutions..

reply to An_Onymous
Re: ponder this

said by An_Onymous :

>They have even talked about taxing people for garage sales because it's a "source of income" for some people who have more then 3 garage sales a year.

So if garage sale is treated as a income, then someone that sells stuff should be treated like a business. If they sell below the cost of the item after depreciation is in fact losing money. They should be able to deduct that off their taxes!?
That's the whole point. People who have garage sales all the time (and they do exist!) do it for the profit. Taxing someone having this many a year really isn't as crazy as it looks. There are some people who will have these things every two weeks if the city allows and spend their free time (usually a lot of it if they're on disability/welfare) searching other garage sales/used junk shops for stuff they can sell at a higher price.

bteam

join:2004-04-11
Canada

I know this topic is moving away from the OP statements.
But this is something that really burns me.
Who cares how many garage sales you have in a year. And who cares if these garage sales contain items purchased at other locations for resale.
The fact is when the item was originally purchased Taxes were paid on the item. Why should we continue to pay sales tax over and over again.
An example. I just purchased a used vehicle this week.
I'm the third owner of this vehicle.
I had to pay tax on this purchase.
This vehicle has had three separate instances that sales tax has been applied and collected.
Sales tax should only be applied to the original purchase.
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