For a few months in 2014, I was working with an early stage start up and they weren't able to compensate me in any way except the promise of equity when we started.
A month in to my tenure with them, they liked my work and wanted to give me an incentive to continue helping them out. They had a second car they were looking to sell and instead decided to "give" it to me.
At the time of transferring the ownership of the car, I paid the sales tax on it. However, as my next piece of compensation, the start up also reimbursed me for sales tax I paid on the car.
A couple months later, I parted ways with the start up due to differences in strategy.
Now that it is tax filing season, I am wondering as to whether any of the above has tax implications?
Edit: I haven't been issued a T4 by the company and I am not expecting one at this point.