Describe how advertising expenses will not be allowed to be deducted for tax purposes and when the advertising expenses can be allowed to be deducted? Explain the motivation for the Canadian government in putting this advertising expenses guidance in the tax act.

Explain the circumstance when life insurance premiums are not deductible for tax purposes

Explain the circumstance when commission expenses or legal expenses are not deductible for tax purposes

Explain the circumstance when interest and property taxes are deductible for tax purposes

Answer rating: 100% (QA)

a Many of the business expenses are deductible in case of tax purpose Some of the advertising expenses are not deducted from tax purpose it means the ... View the full answer