Shopify's CEO says the Canadian Revenue Agency is asking that the e-commerce company submit records of all of its Canadian stores from the last six years.
Shopify's CEO Tobias Lutke is ready to put up a fight with the Canadian Revenue Agency over a move by the tax agency he says is an 'overreach' to the e-commerce company.
In a tweet, Lutke said the Ottawa-based e-commerce company was asked to hand over tax records of more than 121,000 Canadian stores from the last six years. "I don't particularly want a fight with the CRA - but we got asked to backchannel them 6 years of records for all Canadian Shopify stores," LutkeI don't particularly want a fight with the CRA - but we got asked to backchannel them 6 years of records for all Canadian Shopify stores. This feels like low-key overreach to me. We will fight this.CTVNews.ca has reached out to the CRA and Shopify but they did not reach out for comment in time for publication.
While there are no details yet on why the CRA is inquiring on Shopify's records, it's not unheard of for the agency to go after e-commerce platforms over tax evasion concerns, like it did to
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shopify CEO rips CRA request for business recordsShopify CEO Tobias Lutke lashed out at the CRA saying that a request for six years of business records was an 'overreach' he would fight.
Read more »
CRA asks Shopify to hand over records for more than 120,000 Canadian businesses to check for tax evasionShopify CEO promises to fight the request, calling the action ‘low-key overreach.’ Expert says data includes ‘everything the CRA needs to audit these businesses.’
Read more »
Taxpayer's 'genuine' TFSA contribution mistake still leads to CRA tax and penaltyA taxpayer was disappointed after he ran afoul of his TFSA limit and went to court for an order for the CRA to reconsider his case. Read on.
Read more »
Taxpayer's 'genuine' TFSA contribution mistake still leads to CRA tax and penaltyA taxpayer was disappointed after he ran afoul of his TFSA limit and went to court for an order for the CRA to reconsider his case. Read on.
Read more »
Federal government approves collective agreements for CRA and Treasury Board workersRatification votes for the more than 150,000 PSAC members were previously held from May 24 to June 16.
Read more »
Feds approve collective agreements for CRA and Treasury Board workersRatification votes for the more than 150,000 PSAC members were previously held from May 24 to June 16.
Read more »