XPost: can.general, can.politics, ott.general   
   From: sharx35@hotmail.com   
      
   "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.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)