eBay aussie give Tax Office seller records

Via Tamebay – the ATO is getting data on sellers with over OZ$50,000 in sales, affecting an estimated 1000 sellers who should be GST registered. eBay handed over records from 2003 to 2006.

Here in NZ the threshold for GST is lower at $40,000 worth of purchases, and I expect there will be plenty of candidates.

Interesting eBay Australia are not collecting GST on their fees as they are registered as a foreign company. Good luck with that strategy guys.

About Lance Wiggs

@lancewiggs
This entry was posted in auctions, Internet Business. Bookmark the permalink.

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