Taxable benefits from employment include the following except
A)use of a company automobile.
B)employer-paid life insurance.
C)use of company housing facilities.
D)your RRSP contributions.

Question

Quizplus · Accepted Answer

RRSP contributions are not considered a taxable benefit from employment as they are deducted from the employee's income before taxes are calculated. A, B, and C are all examples of taxable benefits from employment as they provide a benefit to the employee that is not included in their salary and is subject to taxation.

Taxable Benefits from Employment Include the Following Except