Submitted by narmstrong on Fri, 04/20/2018 - 01:06
meals provided at cost not a taxable benefit
As part of its response to correspondence about media reports on the taxation of discounts on merchandise received by employees, CRA stated:
The...
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Principal Issues: Whether the Canada Revenue Agency has changed its longstanding administrative position that employee discounts on merchandise and subsidized meals for employees are generally not taxed.
Position: No. The longstanding position mentioned above is still valid.
Submitted by narmstrong on Fri, 04/20/2018 - 00:36
employee discounts on merchandise are generally not taxed
In response to a query on the taxation of discounts on merchandise received by employees and the effect of Folio S2-F3-C2, CRA indicated that the...
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Principal Issues: Whether the Canada Revenue Agency has changed its longstanding administrative position that employee discounts on merchandise and subsidized meals for employees are generally not taxed.
Principal Issues: Is the cost of prenatal classes an eligible medical expense for the purpose of the medical expense tax credit?
Position: Question of fact, but likely no.
Reasons: The amounts paid for such classes are not medical services as the classes do not appear to be diagnostic, therapeutic or rehabilitative services. They are also not for laboratory, radiological or other diagnostic procedures or services together with necessary interpretations.
Principal Issues: Are adoption expenses incurred at two different agencies eligible adoption expenses for the purpose of the adoption expense tax credit?
Position: No.
Reasons: Only expenses incurred at the agency that resulted in the adoption of a child and that meet all the other requirements of section 118.01 are eligible adoption expenses.
Principal Issues: Whether various awards/scholarship meet the definition of a prescribed prize under Section 7700 of the Income Tax Regulations:
1) XXXXXXXXXX
XXXXXXXXXX
Position: 1) Likely;
XXXXXXXXX No; appears to be a scholarship
Submitted by narmstrong on Sat, 04/21/2018 - 15:46
free parking benefit scaled to comparable-spot charge/ business-use exception excludes overtime use
In response to a query as to whether free employer-provided parking was a taxable benefit, CRA stated:
[T]here is no taxable benefit for an...
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Principales Questions: Dans une situation particulière, est-ce que le stationnement fourni par l’employeur est un avantage imposable? / In a given situation, is the parking lot provided by the employer a taxable benefit?
Position Adoptée: Oui, le stationnement offert afin de faciliter le travail à des heures irrégulières ou prolongées n’est pas un stationnement à des fins professionnelles. / Yes, parking lot offered to facilitate working irregular or prolonged hours is not a parking used for business purposes.
Raisons: Position de longue date. / Long-standing position.
