Prepare a memo explaining the taxable benefit

Reference no: EM133559982

Question: Your Ontario organization is opening a new branch 150 kilometers north of the head office and is hoping to encourage employees from the head office to relocate to the new facility. In an attempt to attract interest, the organization is offering employees a home purchase loan to assist with the cost of the move. The General Manager has asked you to prepare a memo explaining the taxable benefit that would arise when an employee takes advantage of this offer.

Reference no: EM133559982

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Prepare a memo explaining the taxable benefit : The General Manager has asked you to prepare a memo explaining the taxable benefit that would arise when an employee takes advantage of this offer

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