Compliance
Compliance Ahead: Reporting Fees for Service in the Canadian Trucking Industry
Trucking businesses in Canada now face mandatory reporting of fees paid to private corporations, with penalties reinstated starting 2025—what you need to know to stay compliant.
By NomadicTax Research Team • 5-8 min read • April 24, 2026
## Overview of the Reporting Fees Requirement
Beginning with the **2025 taxation year**, **businesses in the trucking industry** are required to report **fees for service transactions** paid to **Canadian-controlled private corporations (CCPCs)** if those fees **exceed $500 in a calendar year**. These payments must be reported on a **T4A slip (box 048)**.([canada.ca](https://www.canada.ca/en/revenue-agency/news/e-services/canada-revenue-electronic-mailing-lists/businesses-tax-information-newsletters/businesses-newsletter-2026-02-20.html?utm_source=openai))
Penalties are now **back in effect** following a moratorium—failures to report may result in penalties and, in some cases, disallowed expense claims.([canada.ca](https://www.canada.ca/en/revenue-agency/news/e-services/canada-revenue-electronic-mailing-lists/businesses-tax-information-newsletters/businesses-newsletter-2026-02-20.html?utm_source=openai))
## Who Is Affected
- Any trucking business whose **primary source of income** (over 50%) comes from trucking activities.
- That pays **fees for services** to CCPCs over the $500 threshold.
- Payors who miss the deadline to issue T4A slips and summaries, or who fail to file correctly, may face compliance actions.
## Key Dates & Deadlines
- Tax year: **2025** marks the first year where these rules apply for real penalties.([canada.ca](https://www.canada.ca/en/revenue-agency/news/e-services/canada-revenue-electronic-mailing-lists/businesses-tax-information-newsletters/businesses-newsletter-2026-02-20.html?utm_source=openai))
- **T4A slips** for 2025 will be due **February 28, 2026**, but since that date is a Saturday, slips postmarked or received by **March 2, 2026** will be accepted.([canada.ca](https://www.canada.ca/en/revenue-agency/news/e-services/canada-revenue-electronic-mailing-lists/businesses-tax-information-newsletters/businesses-newsletter-2026-02-20.html?utm_source=openai))
## Actionable Steps for Trucking Businesses
1. **Track service payments**: Maintain records of all fees over $500 paid to service providers that are CCPCs.
2. **Determine primary income source**: Confirm that your business qualifies under the trucking criteria (over 50% income from trucking).
3. **Prepare T4A slips**: Box 048 must show the fees for services. Summaries filed with CRA.
4. **Filing**: Ensure both recipients and the CRA receive the slips by the deadline.
5. **Review past years**: If you failed to report in earlier years under this requirement, consult with an advisor about voluntary disclosure to minimize penalties.
## Consequences of Non-Compliance
- Penalties for failing to file T4A slips or summaries as required.
- Possible disallowance of expense claims in business tax returns, creating larger taxable income.
- Increased chance of audit for trucking industry businesses.
## Example Scenario
A trucking company pays $1,200 in service fees during 2025 to a CCPC for vehicle maintenance. Since its income is predominantly from trucking, it must report this amount on a T4A slip (box 048). Failure to do so could lead to a penalty after the February 28 (or postmarked by March 2) 2026 deadline.
## Final Thoughts
This rule revives a reporting obligation that trucking businesses must take seriously—especially if they haven’t in recent years when penalties were suspended. Strong record keeping, early prep for slips and summaries, and understanding the thresholds and deadlines will help you avoid unpleasant surprises.