
Taxing benefits - theory and reality
In case you’ve been living under a rock inside of a cave, there’s been a recent snafu between the government and the CRA, as this screenshot of a search for “benefit taxes Canada” can attest. The government/CRA have been accused of going after “de minimis” benefits for tax purposes (think the subway worker who gets a good deal on his sandwich for lunch, or the retail employee who can take 20% off their clothing purchase).
So what’s the concern here? First there’s an issue wi