H Inc. incurred (and paid) the following expenses in the current year: $3,000 for hockey tickets to
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H Inc. incurred (and paid) the following expenses in the current year: $3,000 for hockey tickets to entertain customers, $11,000 for permanent landscaping on the head office grounds, and $1,000 broker's fee to purchase publicly traded securities. Determine the amount deductible for tax purposes in the current year.
Related Book For
Canadian Income Taxation planning and decision making
ISBN: 9781259094330
17th edition 2014-2015 version
Authors: Joan Kitunen, William Buckwold
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