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CRA targets underground economy with account information from PayPal

Tuesday, November 21, 2017 @ 9:22 AM | By David Rotfleisch

The Canada Revenue Agency (CRA) has previously carried out an audit of Uber to obtain information about drivers and some time ago obtained a court order for the records of eBay PowerSellers, and I predicted that it was just a matter of time until they went after PayPal.

On Nov. 10, PayPal was issued a Federal Court of Canada order requiring it to provide to CRA specific information about PayPal Business Account holders who sent or received a payment between Jan. 1, 2014, and Nov. 10,...