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OTTAWA — Shopify Inc.’s chief govt says the corporate will struggle a request from the Canada Income Company to show over six years of information for Canadian shops utilizing the agency’s software program.
Tobi Lutke says in a tweet that the request the Ottawa-based e-commerce enterprise is dealing with looks like overreach.
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Federal Courtroom paperwork present the minister of nationwide income started in search of the information from Shopify in April.
The federal government stated the information have been being sought to be able to confirm that Canadian retailers have been obeying the Earnings Tax Act and the Excise Tax Act.
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All events concerned are asking for a one-day listening to on the matter to happen between Feb. 13 and March 17, 2024.
The request comes after Shopify laid off hundreds of employees over the past two years and watched its inventory fall after Lutke admitted he wrongly estimated how a lot the COVID-19 pandemic would speed up Shopify’s progress.
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