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Old Sep 17, 2015 | 11:31 am
  #2457  
zer0k1
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Join Date: May 2014
Location: YYZ
Posts: 527
Originally Posted by jerry305
CRA says that rewards that are paid out as cash back is taxable income.
I always go for a statement credit where possible.

http://www.cra-arc.gc.ca/tx/bsnss/tp.../menu-eng.html
The above link is not referring to individuals. I called the CRA and they said it's irrelevant and neither are taxable income. It's possible the rep was wrong I guess.
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