Is business promotion a legitimate tax deduction?
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Is business promotion a legitimate tax deduction?

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This topic contains 1 reply, has 1 voice, and was last updated by Avatar of Robert Robert 7 years, 11 months ago.

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    Avatar of Robert
    Robert
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    We have a question from a client:
     
    Is business promotion a legitimate tax deduction?

    #5024
    Avatar of Robert
    Robert
    Member

    Business promotion costs, such as the cost of flyers and brochures, are tax-deductible to the extent that they relate to Canadian media content only (e.g. newspapers, television stations, websites). Also, only half of the promotional cost is tax-deductible if the promotion involves meals and entertainment expenses to entertain potential customers.

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