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Q: Can the meal allowance provided by the company for staff when they go for business trips be tax-exempt for the staff?

A: Yes, meal allowance provided to the staff for business trips is exempted from tax provided that the allowance is given based on the rate fixed in the internal circular or written instruction (e.g. employees’ handbook) of the employer.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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