A while ago, on Threads, I found SNL offering advice on how to deal with gifted items. She seems to believe if she mentions them in her stories she doesn’t need to disclose to the CRA. I’m pretty sure that’s not how it works.

    • MoonChildOP
      link
      fedilink
      arrow-up
      19
      ·
      25 days ago

      It sounds uptight but people in higher tax brackets who don’t pay their fair share really makes me angry.

      • bunniculamonroe
        link
        fedilink
        arrow-up
        6
        ·
        25 days ago

        I absolutely agree. My husband lost his job last April (a year ago) and we dropped to one income with no warning. This year has been such a struggle with increasing costs and I am self-employed and just got nailed for my taxes. It’s so high even the CRA agent I spoke with on the phone for another manner apologized, and once I get this paid off it will be time to start it all over again. There really is no chance to get ahead anymore unless you are wealthy.

        • MoonChildOP
          link
          fedilink
          arrow-up
          5
          arrow-down
          1
          ·
          24 days ago

          I am so sorry you’re in this situation and I hope better days are ahead. Average people can’t avoid the CRA and Influencers shouldn’t be able to either. I know this one, most likely, has an accountant and most things are done legally but legally doesn’t always equate to ethically. There are whole systems in place to hide and repurpose things to avoid paying. What people fail to realize is that those taxes go to programs to help other people in need, hopefully autism programs, health care, LTC, public health……The list is long and when the highest income earners don’t pay up society suffers and so does the average taxpayer

          • ladybonerforjustice
            link
            fedilink
            arrow-up
            4
            ·
            24 days ago

            Exactly, for this reason I don’t begrudge paying my fair share of taxes for the most part (I’m in Alberta and our provincial government is absolutely moronic and selfish when it comes to spending). If only people with actual money thought that way but no, they only care about themselves.

  • olivesandpoppies
    link
    fedilink
    arrow-up
    6
    arrow-down
    1
    ·
    25 days ago

    It’s a little tricky in Canada, but for sure they have an accountant (I mean even just heading into H&R Block they can help. Here’s what I found:

    “the person receiving a gift typically does not have to pay gift tax. The giver, however, will generally file a gift tax return when the gift exceeds the annual gift tax exclusion amount, which is $17,000 per recipient for 2023.”

    So, companies who gift more than 17k per person (like vacays, jewelry, cars etc) typically ask for endorsement so it’s not a gift.

    “If a property is gifted through a will, then you will have to pay tax upon receiving the gift. These are capital gains taxes and are based on the fair market value of the property.“

    “ Income tax obligations: Influencers can earn income through several means, including: subscriptions to their content and social media channel(s) advertising for other businesses collaboration with other influencers/businesses partnerships with other brands/influencers/businesses sponsorships from other brands/businesses tips from followers and social media audiences gifts from followers and social media audiences donations from followers and social media audiences trips from brands and sponsors referral codes for merchandise/goods promotion As an influencer resident in Canada, you must report all such income (monetary and non-monetary) earned in and outside of Canada. Report and pay tax on all income earned on social media platforms as self-employment income by completing line 26000 of your income tax and benefit return and Form T2125, Statement of Business or Professional Activities.

    Influencers who are not resident in Canada are subject to Canadian income tax on most Canadian-sourced income paid or credited to them during the year unless all or part of that income is exempt under a tax treaty. “

    So it’s tricky but they can and do get audited. They make $ from referral codes so that’s income, and they have to declare if it’s a gift. This is why, when people send things and they don’t see it on the influencers it’s because they aren’t making money from it. And it’s not really worth their time. A lot of stuff just like any job can be written off as influencers. Companies can get in a lot of trouble if they are consistently gifting things because when they do their taxes, they cannot exceed $17,000 to one influencer and that is why a lot of times you find little circles of people who are friends who are all getting gifted from the same company because they know they can’t exceed gifts. These brands KNOW who follows the bigger influencers likely follow their friends so they hit those up too.

    So when people are wondering why certain brand stop working with others, if it’s not paid and it’s just a gift to entice others to go and use discount codes etc, it is because they cannot donate to one person. They have to get some kind of reciprocal transaction happening.

    • MoonChildOP
      link
      fedilink
      arrow-up
      5
      arrow-down
      1
      ·
      edit-2
      25 days ago

      The circle of friends and gifting is so interesting because this is exactly what happens with the RHWC - they are all getting the exact same stuff at the exact same time! How does it work with her unlimited Tim Hortons card? Does she have to declare all the purchases made with the magic card as gifts?

      ETA - I’m sure she funnels through her company and that’s why she has one. I really want to know if The Little Pink Cottage is a separate company

      • olivesandpoppies
        link
        fedilink
        arrow-up
        5
        ·
        24 days ago

        Tim Hortons is under the Burger King umbrella, which are on the BDS list. Any influencer that is pushing these products is actively contributing to funding genocide.People barely able to afford things are taking it to the streets di help strangers across the world, and influencers are pushing genocide complicit and genocide funding companies. I honestly don’t care what any of these influencers look like, I am literally here to help at least one or two people see how environmentally destructive, and how ignorant they are about atrocities all over the globe. They can salad laugh and podcast all they want to take care of their mental health, and I’ll be over here calling them out for destroying the environment (with multiple flights each month, wasteful products), funding the genocide happening in Palestine, and buying new tech products contributing to modern slave labour in Congo. I hope a few influencers do stumble upon these pages, and rather than be so self-centered and self-absorbed they only focus on how people are criticizing their looks (which they really shouldn’t) they see that there are people who are furious for the lack of care they have for real world issues.

        • MoonChildOP
          link
          fedilink
          arrow-up
          6
          ·
          24 days ago

          I admire and support your fight for awarensss. I really think Influencers adopt the see no evil, hear no evil, speak no evil way of life because it gets them the highest returns. This one, in particular, stands for nothing. I noticed she recently added something in her bio supporting children in Palestine but that’s just because her management company told them all to do it. She hasn’t said one word about any important subject facing society today

          • olivesandpoppies
            link
            fedilink
            arrow-up
            4
            ·
            24 days ago

            Thank you but it’s what everyone should be doing. I don’t think these influencers realize that people are screenshoting and screen video recording a lot of their pages daily as receipts for their lack of support for basic human rights (it’s how a lot of us know the exact date when all of their links went up for Gaza).

            I mean she’s had a bestie who used to travel and work in places like Kenya. I would think she could at least talk about Doctors without Borders, at least! There is a group of us who all know each other, IRL, who have been calling out influencers on other platforms, and it seems that even the people adjacent to these influencers who HAD been posting about these things (and sharing stories) will come to their defense, and block people who call out influencers. Honestly, I am of the frame of mind that we can go into any Snark community and find like-minded individuals who are going to call people out for things that actually really matter like ripping people off, being deceitful, and not giving a shit about humanity. The only one I really care about to be honest, is the not giving a shit about humanity, because I refuse to give influencers any money. When my family is grown, I know they will look back and be proud of their parents for what they have done. If I have grandchildren in the future, I know they will be proud of our family using their voice consistently. It’s been interesting to watch people adjacent to her decline in their stance on important world issues too. I truly do hope that she does see these things. I don’t call people out for their bodies or what they look like. I do advocate, fundraise and protest.

            TBP if you are reading these: please please please acknowledge the genocide in Palestine. Please stop going to these stupid Apple events every year because require mining which uses slave labor in Congo. And TBP if you are reading this, There is honestly still hope for a lot of people who have been losing faith in your “authenticity” but it requires an immediate shift to help others with your platform. You do have the power (people do seem to think the most important thing about you is your looks, so embrace that! Your followers flock to you- say something powerful).

            • MoonChildOP
              link
              fedilink
              arrow-up
              4
              ·
              24 days ago

              One of the other Guelph shiners husband is a doctor so talking about Doctors Without Borders is the very least she could do. Your family will be proud when they realize you use your voice and don’t just sit idly by

        • ladybonerforjustice
          link
          fedilink
          arrow-up
          5
          ·
          24 days ago

          I fully agree with you. If people who don’t have much disposable income can make these changes to benefit others, often spending time, energy and money to do so, influencers should too. I recently started paying a little more for skincare so I can support a (hopefully) more ethical company and I’m glad to do so. How these people can be so ignorant and selfish is beyond me.

    • ladybonerforjustice
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      24 days ago

      Thanks, I’ve been meaning to report her to CRA for tax evasion so will include this information.