Employer Provided Tax-Exempt Transit Benefit
A tax-exempt transit benefit is a non-taxable benefit offered by employers to employees to assist with the cost of commuting by transit. Such a measure promotes public transit use in a targeted and cost-effective way. You will find here documents related to a legislative initiative, Bill C-466, An Act to Amend the Income Tax Act (transportation benefits), currently debated in the House of Commons.
Letter to the Hon. Jim Flaherty, Minister of Finance, 3 March 2011
Bill C-466, An Act to Amend the Income Tax Act (transportation benefits)
Cost Estimate Analysis of Bill C-466 Produced by the Parliamentary Budget Officer
Tax Exemptions for Employer-provided Transit Benefits
Letter of Support for Bill C-466
Issue Paper #15, October 2005 - Tax-Exempt Transit Benefits: New Insights Make The Case