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Q: Is the cost of lion dance performance eligible for claiming tax deduction?
A: It depends on the purpose of hiring the lion dance performance. If it is for an event related wholly to sales, e.g. launching of a new product, then it is 100% tax deductible. If it is only for festival celebration, then it is not tax deductible.
Wishing you plentiful tax savings!
YYC Tax Guru