Question
John is been provided with a company vehicle to take home. The cost of the vehicle was $30,000 plus HST. During the year he drives
John is been provided with a company vehicle to take home. The cost of the vehicle was $30,000
plus HST. During the year he drives a total of 14,000 KM of which 6,500 were for personal
reasons. Calculate the taxable benefit for Amanda if she had access to the vehicle for 300 days in
year?
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Introduction To Federal Income Taxation In Canada
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
33rd Edition
1554965020, 978-1554965021
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