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November 5, 2020

EY Canada's Tax Matters @ EY for November 2020

The latest edition of Tax Matters @ EY can be found in the link below. Prepared by Ernst & Young Canada, this monthly bulletin provides a summary of recent tax news, case developments, publications, and upcoming presentations. Highlights of this month's edition include:

  • The CRA has already started issuing audit request letters to employers that applied for the Canada Emergency Wage Subsidy — what you should consider
  • What does the excluded business exception mean under the updated tax on split income (TOSI) rules
  • A recent Tax Court of Canada decision on the deduction of expenses for use of a personal vehicle for business travel between a home office and an employer’s place of business

Find the November 2020 edition of TaxMatters@ EY here.