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Cra: Reporting Internet Business Activities
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<blockquote data-quote="GeorgeK" data-source="post: 2214217" data-attributes="member: 357"><p>I read about that new requirement. It doesn't appear too complicated, the way that the form is currently set out, given that we only need to list the top 5 websites, and then an aggregate (or even approximate) internet revenue percentage (which some folks might approximate as 100%, if most of their business is online).</p><p></p><p><a href="http://www.cra-arc.gc.ca/tx/bsnss/tpcs/cmm/ncm/wbncm-eng.html" target="_blank">http://www.cra-arc.gc.ca/tx/bsnss/tpcs/cmm/ncm/wbncm-eng.html</a></p><p></p><p></p><p></p><p>The reporting requirements would have been much worse if we had to break down the percentages for each individual website (many folks don't track things that carefully).</p><p></p><p>If you follow the links and read the form itself:</p><p></p><p><a href="http://www.cra-arc.gc.ca/E/pbg/tf/t2sch88/t2sch88-13e.pdf" target="_blank">http://www.cra-arc.gc.ca/E/pbg/tf/t2sch88/t2sch88-13e.pdf</a></p><p></p><p>it does include revenue from advertising such as Google AdSense, and "other types of traffic programs."</p></blockquote><p></p>
[QUOTE="GeorgeK, post: 2214217, member: 357"] I read about that new requirement. It doesn't appear too complicated, the way that the form is currently set out, given that we only need to list the top 5 websites, and then an aggregate (or even approximate) internet revenue percentage (which some folks might approximate as 100%, if most of their business is online). [url]http://www.cra-arc.gc.ca/tx/bsnss/tpcs/cmm/ncm/wbncm-eng.html[/url] The reporting requirements would have been much worse if we had to break down the percentages for each individual website (many folks don't track things that carefully). If you follow the links and read the form itself: [url]http://www.cra-arc.gc.ca/E/pbg/tf/t2sch88/t2sch88-13e.pdf[/url] it does include revenue from advertising such as Google AdSense, and "other types of traffic programs." [/QUOTE]
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