TAX QUESTIONS? YOU ASK LAH!

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Q: There is a family-owned company where all the staff are family members. If the company organises a company trip for all the staff who are family members, can the company get a full tax deduction for the company trip expenses? 

A: As long as you can prove that this is an annual trip of the company that involves all staff and this is a local company trip, all the trip expenses will be tax deductible. 

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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