Originally Posted by
nabeelj
Now, small business owners will argue that they could use a personal card for all business purchases and then be "reimbursed" - my suspicion is the CRA would throw that argument out if audited.
And then they'd be off to court eventually I suspect; the loyalty points issue is really not where they should be focusing their audit resources; it's not going to be significant in the grand scheme of things and is going to be far too difficult to prove a definitive value.