CRA warns personal services businesses about tax rules, cites Driver Inc. model

A Canada Revenue Agency (CRA) bulletin is reminding personal services businesses (PSBs) that they can’t claim the tax deductions and expenses available to other corporations – and it’s using a trucking-specific example to reinforce the point. “Tam is looking for a job. An Ontario-based trucking company [ABC Trucking] offers him a 12-month contract position with […]

Source: Truck News

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