Income Tax – Waiving Commission #249

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A., LL.B. The tax laws can have the unfortunate consequence of turning an act of kindness, into a taxable benefit resulting in tax to be paid upon an amount not received. A licensee wrote to suggest that a warning be given to licensees of an assessment of tax by Revenue Canada arising from