1.Indicate whether the following benefits are taxable or non-taxable to the employee. ...
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Indicate whether the following benefits are taxable or nontaxable to the employee. aChemical dependency coverage under an employee assistance plan bProvincial health care taxes paid by an employer for their Ontario employees cPersonal income tax preparation provided to senior management employees dJob placement counselling for an employee whose employment is being terminated eA Qubec employer provides Accidental Death and Dismemberment insurance for their employees fAn Alberta employer provides private health insurance coverage for their employees. gA British Columbia employer pays of the cost of the employees group term life insurance coverage. hA Nova Scotia employer offers an Employee Assistance Plan that covers their employees for alcohol dependency counselling services. iJustin Lemaire is physically disabled; the company provides him with a paid parking spot jNational Merchandisers, with payroll professionals across Canada, pays for these employees to take the Institutes CPM Certification courses. Provide two situations where employerprovided parking would not be considered a taxable benefit to the employee.
Indicate whether the following benefits are taxable or nontaxable to the employee.
aChemical dependency coverage under an employee assistance plan
bProvincial health care taxes paid by an employer for their Ontario employees cPersonal income tax preparation provided to senior management employees dJob placement counselling for an employee whose employment is being terminated eA Qubec employer provides Accidental Death and Dismemberment insurance for their employees
fAn Alberta employer provides private health insurance coverage for their employees. gA British Columbia employer pays of the cost of the employees group term life insurance coverage.
hA Nova Scotia employer offers an Employee Assistance Plan that covers their employees for alcohol dependency counselling services.
iJustin Lemaire is physically disabled; the company provides him with a paid parking spot jNational Merchandisers, with payroll professionals across Canada, pays for these employees to take the Institutes CPM Certification courses. Provide two situations where employerprovided parking would not be considered a taxable benefit to the employee.
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