Published: July 10, 2023
A social media influencer based in Canada is required to declare all earnings to the CRA. Canadian residents are taxed on worldwide income. Social media influencer tax returns may be subject to penalties and interest charges if they fail to disclose all worldwide income earned or provide inaccurate income or expense information.
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"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."