Liberals are taxing employee discounts

Danbones

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Sep 23, 2015
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Yup, taxing you for something you didn't spend because we borrowed from private lenders when we have our own central bank.
It's not just SICK, it's traitorous.
 

TenPenny

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Jun 9, 2004
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What's odd is that I remember learning some 20 years ago that employee discounts and freebies were a taxable benefit. In other words, nothing has changed.
 

AMKiller

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Sep 11, 2017
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What's odd is that I remember learning some 20 years ago that employee discounts and freebies were a taxable benefit. In other words, nothing has changed.
They were only taxable if the price of the discount was a loss for the company. Now all discounts will be taxed, so yes it has changed.
 

Colpy

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Sorry I posted the same thing above............didn't see this.

The thing is, this actually means that employers that force their employees to share the cost of uniform parts will now have to charge them tax
 

Jinentonix

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Sep 6, 2015
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I guess the UN is desperate for more Canadian dollars. And why not? Super Dupe is an easy mark apparently. Funny how none of his new tax laws affect his income in any way. Just those in the Middle Class and the working poor. Yep, how progressive of the fake feminist.
 

Danbones

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Sep 23, 2015
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What's odd is that I remember learning some 20 years ago that employee discounts and freebies were a taxable benefit. In other words, nothing has changed.

I have never been taxed on employee discounts ever. So please prove what you write is true.
FOR ONCE
I have never paid tax on parking spaces when I have worked for major corps either.

Back to reality:
So now what happens to employee discount type sales on autos and trucks when they have these sales?
They weren't taxing that discount before.
 

petros

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Nov 21, 2008
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Nope they weren't and they are even taxing subsidized meals now.

They are one step away from taxing per diems.
 

Danbones

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Geez: There is that the old joke about how the Indians didn't pay taxes, have lawyers, and the women did all the work.
Then the white man came along and said "we have a better system"

You can sure see the liebarrels pushing THAT same OLD lie these days.

barter is better
bitcoin just might be the way to go...
 

Twin_Moose

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Apr 17, 2017
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Nope they weren't and they are even taxing subsidized meals now.

They are one step away from taxing per diems.

They've been wanting the LOA/per diem for many years now, 2010 they tried going after my left over LOA as a taxable income, they backed off when we asked the auditor if he uses his full per diem, and when he admitted he didn't our response was then we are in the same boat. If I have to pay my saved LOA you have to pay for your left over per diem, only we are willing to go to arbitration over it, that's when he backed off of it.
 

TenPenny

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As of January, the CRA had this to say:


"
If you sell merchandise to your employee at a discount and you also offer the discount to the general public or to certain groups of the public, the benefit to the employee is not usually considered taxable.
However, we consider discounts to be taxable in all the following situations:

  • You make a special arrangement with an employee or a group of employees to buy merchandise at a discount.
  • You make an arrangement that allows an employee to buy merchandise (other than old or soiled merchandise) for less than your cost.
  • You make a reciprocal arrangement with one or more other employers so that employees of one employer can buy merchandise at a discount from another employer.
If you determine the discount is taxable, the taxable benefit is the difference between the fair market value of the goods and the price the employees pay"
 

Danbones

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Sep 23, 2015
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As of January, the CRA had this to say:


"
If you sell merchandise to your employee at a discount and you also offer the discount to the general public or to certain groups of the public, the benefit to the employee is not usually considered taxable.
However, we consider discounts to be taxable in all the following situations:

  • You make a special arrangement with an employee or a group of employees to buy merchandise at a discount.
  • You make an arrangement that allows an employee to buy merchandise (other than old or soiled merchandise) for less than your cost.
  • You make a reciprocal arrangement with one or more other employers so that employees of one employer can buy merchandise at a discount from another employer.
If you determine the discount is taxable, the taxable benefit is the difference between the fair market value of the goods and the price the employees pay"

link please

If you sell merchandise to your employee at a discount and you also offer the discount to the general public or to certain groups of the public, the benefit to the employee is not usually considered taxable.

well that proves my point
 

AMKiller

Electoral Member
Sep 11, 2017
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As of January, the CRA had this to say:


"
If you sell merchandise to your employee at a discount and you also offer the discount to the general public or to certain groups of the public, the benefit to the employee is not usually considered taxable.
However, we consider discounts to be taxable in all the following situations:

  • You make a special arrangement with an employee or a group of employees to buy merchandise at a discount.
  • You make an arrangement that allows an employee to buy merchandise (other than old or soiled merchandise) for less than your cost.
  • You make a reciprocal arrangement with one or more other employers so that employees of one employer can buy merchandise at a discount from another employer.
If you determine the discount is taxable, the taxable benefit is the difference between the fair market value of the goods and the price the employees pay"
Like I said, it isn't the same as now the government is looking to tax all employee discounts.
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Sorry I posted the same thing above............didn't see this.

The thing is, this actually means that employers that force their employees to share the cost of uniform parts will now have to charge them tax

Just call it safety equipment then the employer is required to supply for free.

Nope they weren't and they are even taxing subsidized meals now.

They are one step away from taxing per diems.

Already been tried. Also years back they tried to tax bunkhouse rooms.
 

JLM

Hall of Fame Member
Nov 27, 2008
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Vernon, B.C.
I have never been taxed on employee discounts ever. So please prove what you write is true.
FOR ONCE
I have never paid tax on parking spaces when I have worked for major corps either.

Back to reality:
So now what happens to employee discount type sales on autos and trucks when they have these sales?
They weren't taxing that discount before.


Actually upon further thought I think it could be mainly a non issue as minimum wage employees pay very little tax anyway! :)

Just call it safety equipment then the employer is required to supply for free.



Already been tried. Also years back they tried to tax bunkhouse rooms.


Yep, there's always some Asshole who tries to tax something that doesn't apply to him. :) :)