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Federal Budget * Canada - To Restore 80% Tax Deduction for Truck Driver Meals
Ottawa,ONT,CAN -CCNMatthews -March 19, 2007: -- Today's federal budget, introduced in the House of Commons by finance minister, Jim Flaherty, had something for everyone, including truck drivers... Starting immediately the federal government will begin to restore the meal tax deductibility for long-haul truck drivers (or the company that reimburses them) to 80% from the 50% level it has been at since 1994... To be eligible, drivers must be away for at least 24 consecutive hours, and the purpose of the trip is to transport goods beyond a 160 km radius from the home location; in addition, the vehicle must have a GVWR of greater than 11,788 kgs...
Labels: tax break
posted by Unknown @ 11:54 AM
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