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Thunder Bay Christian School September 7, 202137 Cooper Road, Roslyn ON P7K 0E2 Phone: (807) 9391209 TICS Weekly Journal Volume 59, Issue 25.docxoffice.tics.school Fax: (807) 9392843 Email:20202021Volume
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An online bazaar and auction is a digital marketplace where individuals and businesses can buy and sell goods or services. It typically allows sellers to list items for sale, which can be sold through fixed-price listings or through auction bidding.
Individuals and businesses who engage in transactions through an online bazaar and auction platform are generally required to file if they meet certain income thresholds or conduct a significant volume of sales.
To fill out the online bazaar and auction filing, individuals and businesses must gather relevant sales information, complete the required forms on the designated platform, and submit the data by the specified deadline.
The purpose of online bazaar and auction filings is to report income generated from sales, ensure compliance with tax regulations, and provide transparency in e-commerce transactions to tax authorities.
Reported information typically includes total sales revenue, item descriptions, dates of transactions, and any applicable fees associated with the listings or sales.
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