Home Up Services Our Purpose Contact Super Links Definitions Search Feedback 
Meals And Entertainment
  Income Tax, GST, Accounting, Financial Statements, Consulting     
 
Home
Up
 
 

 

Did You Know

 

If a business has six or fewer special events in a calendar year at which food, beverages, or entertainment is available to all employees at a particular business and the food, beverages, or entertainment is consumed or enjoyed by those employees, then the normal 50% limitation for a business deduction is not applicable and 100% of the expenses are deductible.

 

The typical example is a Christmas party, but other events could qualify. Talk to your Chartered Professional Accountant.

 

Careful planning with a Chartered Professional Accountant is warranted. Contact Keith Anderson, BCom, CPA, CA-IT, CITP at (780) 447-5830 if you need advice. 

 

 

 

 

 

 

 

 

 

 

 

 

 

Legal Notice And Disclaimer

Privacy Statement

 

 
Back Next
Keith Anderson, BCom, CPA, CA-IT, CITP Copyright September 9, 1999 Last Modified :07/16/18 04:17 PM