Description: As if there wasn’t enough disquiet on the taxation front, this week things went a bit wild on the whole issue of employee discounts. You know, you work at a restaurant and you get a free meal. Or perhaps you work part-time at a sporting goods store, so your boss gives you 20% off on your new skates or running shoes. For a few days this week, it looked like that benefit was going to be taxable. But late in the week, it seemed as if the politicians were backing away from the whole plan, laying the blame on civil servants at the Canada Revenue Agency.
Date: October 13, 2017
1) Wiley’s Auditing: A Practical Approach provides definitions for various types of audits. What kind of audit do auditors of employee discounts do?
2) Why do you think the political level seemed to shift the blame to the civil servants at the CRA?
3) Do you think this incident might impact recruiting efforts by the CRA?