Private Campgrounds CRA Taxation Issues
Looks like the CRA (Canada Revenue Agency) have been hitting private campground with higher rates. This could well have an effect on pricing and might even force some campgrounds to shut down. http...
Forum Discussion
windviewer wrote:
The initial link was identified as a flash plugin for me (and I removed flash from my system). May depend on your browser and system I guess. I prefer to read the news anyway :)
I think the CRA argument is that the primary income of a campground is 'rental income' and not services; and rental income is not qualified business income (apparently) for the small business tax rate.
The primary income of hotel / motels is 'rental income' also, but they qualify without issue according to this mornings news.
I wonder if the 3 years the tax folks are griping about represent a change in use / income, or CRA employee?
It seems most things the CRA 'decide' are more to do with the employee making the decision than the facts.
