Confirmed: The CCR for Small Business is Tax Free
Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year. Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall. Some of the more significant details are discussed below.Taxable and Non Taxable Auto Allowances and Benefits
Reasonable motor vehicle allowances are not taxable if it is reasonable.
Employers’ Treatment of GST/HST on Employees Taxable Benefits
Some employee taxable benefits are subject to GST/HST, while others are not.
New Legislation: The Economic Action Plan 2014 Act, No. 2
New legislation from the Department of Finance, The Economic Action Plan 2014 Act, No. 2, received Royal Assent on December 17.
Windfall Court Victory for Taxpayer Reveals Hidden Merits of Informal Procedure
Legge v. The Queen (2014) TCC 360
Improving Economic Potential: A Smart Financial Goal
Happy New Year! What’s your “economic potential” in 2015?
Our Readers Are Awesome
Sometimes a little clarification is in order.
