Liam
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Afternic's 1099-Ks create tax headaches for domain sellers - Domain Name Wire | Domain Name News
Don't forget to pay your taxes, afternic reports it all.
Using Afternic? be prepared for a tax bill! (1.Viewing)
- Topic Starter Liam
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Afternic's 1099-Ks create tax headaches for domain sellers - Domain Name Wire | Domain Name News
Don't forget to pay your taxes, afternic reports it all.
The other "gotcha" with Afternic/GoDaddy is that if you BUY a premium domain through them, you will be charged HST if you provide a Canadian address to them when setting up your account.
In other words, the $5,000 premium domain you could buy on Sedo will cost you $5,650 if you buy it via GoDaddy/TDNAM (if you are buying from Ontario, or example, where HST is 13%).
In other words, the $5,000 premium domain you could buy on Sedo will cost you $5,650 if you buy it via GoDaddy/TDNAM (if you are buying from Ontario, or example, where HST is 13%).
rlm
Bonfire.ca
I'm actually OK with that, I have to charge GST/HST too. And while this might negatively affect hobbyists, any real business is going to be GST registered and they'll get all the GST they've paid returned as an ITC.
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