Does Etsy report your sales to the CRA?
Canada's Part XX rules require certain platforms to report seller information to the CRA each year. Here is what CRA says it means for sellers.
What CRA and Etsy say
- Canada's Reporting Rules for Digital Platform Operators are in Part XX of the Income Tax Act, based on the OECD Model Reporting Rules; the bill received Royal Assent on June 22, 2023. [Canada.ca]
- The rules require certain platform operators to collect, verify, and report seller information to the CRA annually. Sellers whose information may be reported include those who sell goods. [Canada.ca]
- Part XX reporting came into force on January 1, 2024; the first reportable period is calendar 2024, with returns due January 31, 2025. [Canada.ca]
- Reporting platform operators must also give each reportable seller the information reported about them by January 31 of the following year. [Canada.ca]
- For sellers, CRA says your role under the rules is complete once you have shared the requested information with your platform operator(s), but you may still have other tax obligations with the CRA. [Canada.ca]
- If you are only buying through digital platforms, CRA says the rules do not apply to you. [Canada.ca]
$30,000 small-supplier checker
Enter your total taxable sales (all businesses, worldwide, before expenses) for your last four calendar quarters.
Rules: [Canada.ca]
Turn your Etsy CSVs into a T2125 summary in your browser
CraftLedger reads your Etsy Monthly Statement and Sold Orders CSVs locally (nothing uploaded), totals gross sales and fees, groups fees by T2125 line, and tracks the $30,000 small-supplier threshold by quarter. Free preview; CA$29 per tax year for the full export.
Try the free preview Get the tax-year pass (CA$29)Frequently asked questions
When do platforms have to send me my reported information?
CRA guidance says reporting platform operators must provide each reportable seller with the information reported about them by January 31 of the year following the calendar year in which the seller is reportable.
Do I have to file anything under these rules?
CRA says a seller's role under the rules is complete once they have shared the requested information with their platform operator(s), but they may still have other tax obligations.
