31 October 2006 External T.I. 2006-0188141E5 - Taxable benefit - payment of income tax

By services, 12 December, 2017
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Taxable benefit - payment of income tax
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English
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6(1)(a)
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2006-0188141E5
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d7 import status
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Node
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488224
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"field_release_date_new": "2006-10-31 07:00:00",
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Main text

Principal Issues: Whether a proposed payment of income tax by an employer on behalf of employees, which will arise as a result of the inclusion in their income of taxable benefits associated with employer-paid meals, is also a taxable benefit?

Position: Yes.

Reasons: Paragraph 6(1)(a) of the Act.

XXXXXXXXXX 2006-018814

October 31, 2006

Dear XXXXXXXXXX:

Re: Taxable Benefits

We are writing in response to your correspondence of May 24, 2006, wherein you asked whether a proposed payment of income tax by an employer on behalf of employees, which will arise as a result of the inclusion in their income of taxable benefits associated with employer-paid meals, is also a taxable benefit.

Paragraph 6(1)(a) of the Income Tax Act requires that the value of benefits received by an employee in the course of employment is to be included in the computation of the employee's income. Except where the Act provides otherwise, employees are generally taxable on the value of all benefits they receive by virtue of their employment. In the situation described above, the employer's payment of income tax on the taxable benefit would also be required to be included in income as a taxable benefit.

We trust that these comments will be of assistance.

Yours truly,

Randy Hewlett
for Director
Business and Partnerships Division
Income Tax Rulings Directorate
Legislative Policy and Regulatory Affairs Branch