Active airline employees are subject to taxable benefits for utilizing airline passes

Active airline employees are subject to taxable benefits for utilizing airline passes

Utilizing confirmed space passes, but not standby passes, by airline staff constitutes a taxable benefit.

The Canada Revenue Agency (CRA) has verified that the use of confirmed space airline passes, excluding standby passes, by active airline employees is considered a taxable benefit, valued at the price of purchasing the space.

However, neither type of pass is subject to taxation for retired employees.


Disclaimer:
“Please note that the information provided in this article is of a general nature and may not be accurate for your specific situation. The information is current as of the date of posting and is not intended to provide legal advice. It's always recommended that you consult with a professional accountant and lawyer for personalized guidance and advice."