CRA Releases New Income Tax Folio S2-F3-C2, Benefits and Allowances Received from Employment

On July 8, 2016, the Canada Revenue Agency released the latest chapter of its Income Tax Folios, which addresses the federal tax treatment of benefits and allowances received from employment. The full text of the chapter can be found here: http://www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s2/f3/s2-f3-c2-eng.html.

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