CRA indicates that only one of two related joint employers should T4 an employee for the s. 6(1)(e) or (k) benefit provided to him

CRA indicated that where an individual had two employers, which were related corporations, and one of the two corporations acquired a car that it made available to Mr. X, which he was free to use for personal purposes but was also required to use in his work for both employers, that:

  • A single benefit under each of ss. 6(1)(e) and 6(2), and under s. 6(1)(k), was to be computed.
  • Each such single benefit was to be reported in a T4 slip issued by either employer (as they agreed) rather than being split between the T4 slips issued by both corporations.

Neal Armstrong. Summaries of 17 July 2019 External T.I. 2018-0777951E5 F under s. 6(2) and Reg. 200(3).