Canadian Gig Workers Impacted by Changes to Income Tax Act - January 31 Reporting Deadline is Looming; Are You Compliant? [Yahoo! Finance]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Yahoo! Finance
CALGARY, AB Dec. 18, 2024 /CNW/ - If you're a driver, blog writer, selling crafts on Etsy, renting out a room through Airbnb, or earning income through another type of online platform, it's critical to understand how to comply with new tax-related measures. In 2024, new legislation (called Bill C-47) came into effect, which requires gig platforms (websites and apps you use to earn income to do freelance or contract work) to share certain information with the Canada Revenue Agency (CRA) on your behalf. This new legislation serves to address concerns among tax authorities that tax obligations are not being accurately calculated by digital platforms and that gig workers full income isn't always visible to tax administrators. Gig platform operators are now required to file an 'information return' with the CRA, which includes sharing mandatory user identifying and income-related information for all Canadian gig workers using their platform no later than January 31, 2025 H&R Block Logo (
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News
- Sharing Economy Global Strategic Business Report 2024-2030 and Airbnb, Avis Budget Group, and Booking Holdings Dominating [Yahoo! Finance]Yahoo! Finance
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- Airbnb, Inc. (NASDAQ: ABNB) had its price target raised by analysts at Bank of America Co. from $154.00 to $159.00. They now have a "neutral" rating on the stock.MarketBeat
- Hostaway Announces $365 Million Strategic Growth Investment Led by General Atlantic [Yahoo! Finance]Yahoo! Finance
- Hostaway Announces $365 Million Strategic Growth Investment Led by General Atlantic [Yahoo! Finance Canada]Yahoo! Finance Canada
ABNB
Earnings
- 11/7/24 - Miss
ABNB
Sec Filings
- 12/19/24 - Form 4
- 12/13/24 - Form 4
- 12/11/24 - Form 4
- ABNB's page on the SEC website