CRA’s policy on employees’ purchases of discounted merchandise excludes condos and shareholders

In Guide T4130, CRA indicates that the sale of “merchandise” by an employer will not give rise to a benefit from employment in a wide range of specified circumstances. CRA is unwilling to extend this policy to condos rented by an employer to an employee at its “costs,” nor does the T4130 policy extend to shareholders.

Neal Armstrong. Summaries of 7 October 2016 APFF Roundtable, Q.8 under s. 6(1)(a) and s. 15(1).