The answer to whether or not business credit card points are taxable in Canada is a bit complicated, so bear with us!
While for the most part, credit card rewards will be seen by the Canada Revenue Agency (CRA) as a kind of rebate and therefore not taxable, there are exceptions.
If you use your credit card points for cash rewards or if you allow an employee to personally redeem rewards earned on a business credit card, the CRA will expect you (or the employee) to declare it as taxable income.