XPost: can.general, can.politics, ott.general   
   From: Canuck57@nospam.com   
      
   On 06/07/2010 6:40 PM, Sharx35 wrote:   
   >   
   >   
   > "Nobody"  wrote in message   
   > news:Xns9DADA6A1F9A5820919715171@209.197.15.171...   
   >> Alan Baggett wrote:   
   >> Nonetheless, it will be interesting to see whether   
   >>> business owners, including the self-employed, who often use their   
   >>> own Aeroplan points for business travel, can now successfully   
   >>> write off the imputed value of their points travel.   
   >>   
   >> This opens a can of worms. Will people that get points flying on   
   >> business, when the ticket is bought by their company, have to CLAIM the   
   >> points as income?   
   >   
   > If *I* wrote the tax laws, ALL those perks would be taxable income with   
   > considerable EXTRA penalties for those who tried to evade tax on them.   
   > However, if memory serves, CRA in the recent past may well have stated   
   > that such points in such a circumstance will NOT be considered taxable   
   > income. I stand to be corrected as I am too lazy to find the cite.   
      
   Including the corrupt MPs and MLAs of Canada I hope!   
      
   Buggers get 1/3rd of their income tax free too.   
      
   --   
   Governemnt debt is tax servitude for the middle class.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)