The Canada Revenue Agency is increasing the level of audit scrutiny on taxable benefits received by employees. While the dollar amounts on individual items for each employee may be relatively small, the aggregate amounts for all employees of a business can be quite substantial, and the CRA is becoming increasingly active in auditing businesses to ensure that all benefits enjoyed by an employee which might potentially fall within the tax net are taxed accordingly. (...)

type Canada Revenue Agency Takes Harder Line on Under-Reported Taxable Benefits