Digital Technology for Digital Living.
September 27, 2004
ATO’s eBay Crackdown.
If you’re an eBay “PowerSeller”, someone selling more than $AU2000 worth through the online marketplace, be prepared for a letter from the Australian Tax Office. Australian IT has an article on the ATO requesting the details of these type of sellers from the company.
“The ATO request for information does not cover most sellers on eBay, who earn only a small dollar amount from their sales.
Those sellers can usually claim their eBay use is a hobby and any income is not taxable.”
Gadgetman | | General, Software
