next_to_herb
New Member
CRA could look at it, but RoFo has a taxable benefit for the non-Deco (personal) use of the car. If he pays tax on that, then CRA won't care - the Deco deduction (at a lower rate than RoFo's personal tax rate) will be offset by RoFo's income inclusion, and a similar amount of tax will be collected.
As others have mentioned, this sort of thing is very common within family-owned companies, especially where some family member are being taken care of by the family who actually work at the business.
As others have mentioned, this sort of thing is very common within family-owned companies, especially where some family member are being taken care of by the family who actually work at the business.