I recently incorporated myself. Is there a way to write off escort services as a business expense? Please PM
Not Legally...I recently incorporated myself. Is there a way to write off escort services as a business expense? Please PM
Makes me smile. More power to you, but if I follow the logic you want the Canadian taxpayers to help subsidize your hobbying as a business expense.I recently incorporated myself. Is there a way to write off escort services as a business expense? Please PM
Yes, but are you required to keep track of all the gift cards you give out?You think auditors will let you choose what they audit?
For companies with Leaf tickets, auditors will ask to see a list of games and the clients who they gave the tickets too.
They will pick the customers to check, not you.
Not in the U.K. or the U.S. and I believe also Canada.Not Legally...
Good luck with that...lol. They probably already have your name and social insurance number linked to this post, along with a note to check your file next year.I recently incorporated myself. Is there a way to write off escort services as a business expense? Please PM
since it is a legal activity there is no problem writing it off as a business expense as long as it is used to garner customers or for customers. This is no different than taking them to dinner or the theatre or ???That's a slippery slope. As noted, there's no legal way to do this.
ummm we're paying for all sorts of perqs by executives all the time. Not to mention government employee's perqs (like the one who was caught obtaining x number of blackberrys and then selling them on ebay) or the one who was taking vacations to the dominican republic.Why should I a taxpayer pay for your escort time???????????.You aren't screwing the Govt you are screwing ALL of us. Ya can't have it both ways pal!!!!!!! If ya can't afford it don't do it!!
To which section of the Income Tax Act (Canada) do you refer?since it is a legal activity there is no problem writing it off as a business expense as long as it is used to garner customers or for customers. This is no different than taking them to dinner or the theatre or ???
Would you please.TBoy, CRA says no. I can post a link to the IT. (I thought that it was deductible myself).
The IT is probably correct.TBoy, CRA says no. I can post a link to the IT. (I thought that it was deductible myself).
Escorting is perfectly legal under certain circumstances. Who can name the 4 prohibited activities related to prostitution?However, the IT specifies that services of an illicit nature (such as esorting), is NOT deductible.