Shopify CEO promises to fight the request, calling the action ‘low-key overreach.’ Expert says data includes ‘everything the CRA needs to audit these businesses.’
I’m glad to see the CRA trying to be aggressive. Good business has nothing to hide. Other than the administrative headache, businesses should not fear being audited.
Agreed. Which is why I’m a little put off by the CEOs message on twitter:
I don’t particularly want a fight with the CRA (Canada’s tax authority)- 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.
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Yeah I don’t know where he’s going with this or what exactly the “overreach” is. It’s the CRA, they’re allowed to look.
What does Shopify care if some customers are evading taxes? Why try and protect that? It’s probably all just grand-standing. I imagine they can delay in court but ultimately the CRA is not really “asking”.
This doesn’t bother me. If a Shopify vendor is pulling down enough money to be taxable, it should be in the CRA’s data ingest for verification.
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