DID YOU KNOW....
As a business owner and/or independent contractor, the general rule for tax deductions related to meals and/or entertainment is that you may deduct up to 50 percent of the cost of meals and/or entertainment, or "an amount that is reasonable in the circumstances, whichever is less" (Business and Professional Income Guide, CRA).
Showing posts with label Deductions for meals and/or entertainment. Show all posts
Showing posts with label Deductions for meals and/or entertainment. Show all posts
Monday, November 24, 2008
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