Car benefits: fasten your seatbelts

CIM Bulletin, Vol. 81, No. 914, 1988
ROBERT B. PARSONS,Partner, Price Waterhouse, Toronto, Ontario
Abstract One of the disadvantages of the federal government's idea of "taxation by consultation " is that it seems to take longer to enact new legislation. The proposed new rules for taxing automobile benefits is one example. Here is a ball which has been batted around between government and the public several times and still has not come down to earth. Fasten your seatbelts, there may be more to come.
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