OncInc

there is someone who wants to pay cash and asks us to sign a form to give him as a gift to avoid paying the tax, should i do it?
chocolatebean 發表於 2009-5-2 12:01

I believe you have to fill the selling price on the transfer form.  People usually fill a smaller amount to lower PST.   The buyer needs to provide some explanation if the selling price is too low.  e.g. family transfer, major engine repair, etc.

BTW, what is the best way to accept payment from a buyer?
Cash, bank draft, certified cheque?