Automobile Made Available to a Shareholder
If you make an automobile available to a shareholder (or to a person related to a shareholder) who is not an employee, calculate the standby charge and the operating-costs benefit as you would for an employee.
Include the amounts in box O of the shareholder's RL-1 slip (see courtesy translation RL-1-T) and enter “RO” in the “Code (case O)” box.
If the benefits are provided to the shareholder as an employee of the corporation rather than as a shareholder, enter the amounts in boxes A, G and W of the shareholder's RL-1 slip instead.
Note that “employee” means an individual who holds employment or an office.