CRA warns personal services businesses about tax rules, cites Driver Inc. model

adminadmin is verified member.

Administrator
Staff member
Jan 20, 2008
15,869
452
83
20 15 10 2 20 10 5 1
A Canada Revenue Agency (CRA) bulletin is reminding personal services businesses (PSBs) that they can’t claim the tax deductions and expenses available to other corporations – and it’s using a trucking-specific example to reinforce the point. “Tam is looking for a job. An Ontario-based trucking company [ABC Trucking] offers him a 12-month contract position with […]

Continue reading...