11 January 2023 Canada Revenue Agency announces changes to its administrative policies for certain employee taxable benefits The Canada Revenue Agency (CRA) recently updated its website to announce changes to its administrative policies for certain employee taxable benefits, effective January 1, 2022. Specifically, the CRA's changes relate to the treatment of (i) gift cards under the employee gifts, awards and long-service awards policy; (ii) virtual events under the employer provided social events and hospitality functions policy; and (iii) scramble parking under the employer-provided parking policy. Document ID: 2023-0064 |