Door Prizes at Company Functions

Door Prizes at Company Functions

In a 2013 Technical Interpretation, CRA wasquestioned about door prizes received by allattendees at a company social function.CRA commented that their tax-free $500 giftsand awards policy would apply to all attendeesincluding the employee, the employee’s spouse,and...
Corporate Directors Liability

Corporate Directors Liability

If a corporation (including a for-profit or nonprofit corporation) fails to deduct, withhold, remit or pay amounts held in trust for the Receiver General for Canada (CPP, EI and GST/HST), the directors of the corporation at the time may be held personally liable along...