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.