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Old 12-09-2007, 10:21 AM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
Quote:
Originally Posted by jetjet View Post
gst is one thing

but as far as income tax is concerned, all income you make from any worldwide source needs to be declared if you are a canadian resident

so yes, you need to report all of your earnings, whether you think you made a profit or not
Of course i pay income tax on all income but in my 9 years of doing this paying gst on that income has never been in an issue.
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