TAX QUESTIONS? YOU ASK LAH!

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Q: If I give away samples of my company’s product to potential customers, are the samples tax deductible?

A: Giving out samples of company’s product is 100% tax deductible under the proviso (iv) to paragraph 39(1)(l) of the Income Tax Act 1967.


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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