Business Golf in Canada

Image via golficity.com

Image via golficity.com

     Business meetings at a game? Deductible. Concert? Deductible. Deep sea fishing trip? Deductible. Golf course? Not deductible. If that doesn’t make sense to you, you’re not the only one, and Jeff Calderwood, CEO of the National Golf Course Owners Association of Canada, is asking the Members of Parliament to figure out why. The rules on exemptions come under the Income Tax Act, and when you ask different experts why golf was singled out, you get a lot of answers. Party politics, envy (why should you get to golf on the company tab?) and a lot of very technical tax policy. Check out the full article below to get a more in-depth look at the issue.