,canada ,cu/oms #a & ,rev5ue ,ag5cy ,9t]pret,n ,bullet9 ,subject3 ,9come ,tax ,act--,3v5;n ,exp5ses ,numb]3 ,,it-#aca;,r#b ,date3 ,novemb] #bd1 #aihi ,ref];e3 ,subsec;n #bj7#aj7 7al sec;ns #fg & #fg.a (! ,act & p>agraph #i ( ,>ticle ,,xxv (! ,canada-,u4,s4 ,tax ,3v5;n7 ,applic,n ,? bullet9 c.els & replaces ,,it-#aca;,r dat$ ,febru>y #bh1 #aihf4 ,curr5t revi.ns >e designat$ 0v]tical l9es4 ,summ>y ,? bullet9 expla9s ! deduc;n provid$ "u subsec;n #bj7#aj7 9 -put+ 9come #a ,,it-#aca;,r#b a#a (a taxpay] c>ry+ on a busi;s or practis+ a profes.n1 9 respect ( exp5ses 9curr$ 0! taxpay] 9 att5d+ up 6two 3v5;ns a ye> 9 3nec;n )! busi;s or profes.n4 ,p>agraph #d (! bullet9 4cusses new sec;n #fg.a : re/ricts ! am.t t may 2 deduct$ = food1 b"eages or 5t]ta9;t exp5se 9curr$ af ,june #ag1 #aihg & 5joy$ af #aihg 6#hj p]c5t (! less] (! actual am.t (! exp5ses 9curr$ 9 ? respect 7:e!r pd or paya#7 & an am.t t wd 2 r1sona# 9 ! circum/.es = s* exp5ses4 ,9 a4i;n1 subsec;n #fg.a7#c7 e/abli%es a rule applica# 6am.ts 9curr$ af ,june #aihh =! alloc,n (a r1sona# por;n ( 3f];e & 3v5;n fees 6food1 b"eages & 5t]ta9;t exp5ses ": ! fees 5title ! "picipants 6s* b5efits4 #b ,4cus.n & ,9t]pret,n b#a ,self-,employ$ ,9dividuals #a4 ,subsec;n #bj7#aj7 p]mits a self- employ$ taxpay] :o is c>ry+ on a busi;s or practis+ a profes.n 6deduct1 9 -put+ 9come =a tax,n ye> f a busi;s1 exp5ses 9curr$ 9 att5d+ n m ?an two 3v5;ns a ye> provid$ t ! 3v5;ns 7 7a7 held 0a busi;s or profes.nal organiz,n1 7b7 att5d$ 9 3nec;n )! taxpay]'s busi;s or profes.nal practice1 & 7c7 held at a loc,n t may r1sonably 2 reg>d$ z 3si/5t )! t]ritorial scope (! organiz,n4 --------------------------------------#b ,x is n nec t ! taxpay] 2 a memb] (! organiz,n sponsor+ ! 3v5;n b att5d.e at ! 3v5;n m/ 2 relat$ 6! busi;s or profes.nal practice c>ri$ on 0! taxpay]4 ,a 3v5;n may 2 def9$ z a =mal meet+ ( memb]s = profes.nal or busi;s purposes4 #c ,,it-#aca;,r#b a#b #b4 ,subject 6! provi.ns (! ,canada-- ,unit$ ,/ates ,9come ,tax ,3v5;n 4cuss$ 9 #c 2l1 subsec;n #bj7#aj7 provides t deduc;ns c 2 made only = exp5ses pd = att5d+ 3v5;ns at loc,ns 3si/5t )! t]ritorial scope (! sponsor+ organiz,n4 ,! t]m 8t]ritorial scope0 ref]s 6! geographical >ea 9 : ! "picul> organiz,n ord9>ily 3ducts xs activities4 ,acly1 ? g5],y requires t a 3v5;n sponsor$ 0a ,canadian busi;s or profes.nal organiz,n 2 held 9 ,canada ": ! organiz,n is n,nal 9 "*1 or 9 ! "picul> prov9ce1 municipal;y or o!r >ea 9 ,canada ": ! activities (! organiz,n >e limit$ 6s* an >ea4 ,3sequ5tly1 exp5ses 9curr$ 9 att5d+ a 3v5;n held \tside ! geographical limits (! sponsor+ ,canadian organiz,n w norm,y n 2 deducti# 9 -put+ 9come &1 = ? purpose1 a 3v5;n held dur+ an oc1n cruise is 3sid]$ z 2+ held \tside ,canada4 #d ,,it-#aca;,r#b b#b ,? re/ric;n is n 9t5d$ 6d5y a taxpay] a reduc;n ( r1sona# exp5ses 9curr$ 9 att5d+ a 3v5;n 9 ano!r >ea or c.try if ! 3v5;n is sponsor$ 0an organiz,n ( t >ea or c.try & is relat$ 6! taxpay]'s busi;s or profes.nal practice4 #c4 ,": a 3v5;n held 9 ! ,unit$ ,/ates is sponsor$ 0a ,canadian busi;s or profes.nal organiz,n t is n,nal 9 "*1 p>agraph #i ( ,>ticle ,,xxv (! ,canada --,unit$ ,/ates ,9come ,tax ,3v5;n1 #aihj1 provides t ! exp5ses 9curr$ 9 att5d+ ! 3v5;n >e deducti# 6! same ext5t t !y wd 2 _h ! 3v5;n be5 held 9 ,canada4 ,h["e1 p>agraph #i ( ,>ticle ,,xxv does n *ange ! rules ( subsec;n #bj7#aj7 ": a 3v5;n held 9 ! ,unit$ ,/ates is sponsor$ 0a ,canadian organiz,n t is n n,nal 9 "*4 ,! exp5ses 9curr$ 9 att5d+ s* a 3v5;n w 2 subject 6! g5]al rules 4cuss$ 9 #b abv4 #e ,,it-#aca;,r#b c#b #d4 ,! deductibil;y "u subsec;n #bj7#aj7 ( c]ta9 3v5;n exp5ses may 2 re/rict$ 0! provi.ns ( sec;n #fg.a4 ,subject 6c]ta9 excep;ns1 sec;n #fg.a limits ! deducti# por;n (! co/s ( food1 b"eages & 5t]ta9;t 6#hj p]c5t (! less] (! am.t actu,y pd or paya# "!= & an am.t t wd 2 r1sona# 9 ! circum/.es = s* exp5ses4 ,? --------------------------------------#c limit,n1 : applies 6am.ts 9curr$ af ,june #ag1 #aihg = s* am5ities 5joy$ af #aihg1 is 4cuss$ 9 ,,it-#eah1 8,food1 ,b"eages & ,5t]ta9;t ,exp5ses04 ,9 a4i;n1 =! purposes ( sec;n #fg.a1 subsec;n #fg.a7#c7 provides a rule : applies ": a fee pd or paya# = att5d.e at a 3v5;n 5titles ! "picipant 6food1 b"eages or 5t]ta9;t &! organiz] (! ev5t has n allocat$ or id5tifi$ a r1sona# por;n 7bas$ on co/7 (! #f ,,it-#aca;,r#b a#c fee z p]ta9+ 6^! b5efits4 ,= ea* "d ( an ev5t : 5titles ! "picipant 6s* b5efits1 4#ej 7or s* o!r am.t z may 2 prescrib$7 is deem$ 6be pd or paya# 9 respect ( food1 b"eages & 5t]ta9;t &! fee =! ev5t w 2 deem$ 6be ! actual fee pd or paya# m9us ! am.t deem$ 6p]ta9 6^? b5efits4 ,? provi.n does n apply 69cid5tal b"eages & refre%;ts made availa# dur+ ! c\rse ( meet+s or recep;ns1 s* z juice1 c(fee1 d\e n subject 6! #hj p]c5t limit,n un.s ! fee 0 9curr$ af ,june1 #aihg = s* b5efits t 7 5joy$ af #aihg &! organiz] (! ev5t has id5tifi$ or allocat$ a por;n (! fee z p]ta9+ 6! b5efits4 ,": a taxpay] 9curs exp5ses = food1 b"eages or 5t]ta9;t 9 att5d+ a 3v5;n &! co/s "!( >e n 9clud$ 9 ! 3v5;n fee1 ! normal #hj p]c5t limit,n 9 sec;n #fg.a applies 6! co/s 9curr$ af ,june #ag1 #aihg = any s* am5ities t 7 5joy$ af #aihg4 #e4 ,a taxpay] :o -b9es att5d.e at a 3v5;n1 :]"e x is held1 )a vac,n trip m/ allocate exp5ses on "s r1sona# basis 6elim9ate ^? t >e ess5ti,y = vac,n purposes4 ,a r1sona# basis is 3sid]$ 6be "o t all[s ! taxpay] 6deduct ! co/ ( travel 7i4e41 transport,n & nec m1ls & a3ommod,n en r\te7 f ! taxpay]'s place ( busi;s 6! 3v5;n & back 0! mo/ direct r\te #h ,,it-#aca;,r#b c#c availa#1 &! co/s & a3ommod,n :ile "picipat+ 9 ! 3v5;n4 ,all s* co/s m/ 2 r1sona# z requir$ 0sec;n #fg & >e subject 6! re/ric;ns 9 sec;n #fg.a4 --------------------------------------#d #f4 ,x %d 2 not$ t exp5ses 9curr$ 0or =a sp\se or *n a3ompany+ ! taxpay] 6a 3v5;n or a -b9$ 3v5;n & vac,n trip >e norm,y 3sid]$ 6be p]sonal &1 z s*1 >e n deducti#4 ,employees #g4 ,": an employ] requires an employee 6att5d a 3v5;n z "p (! duties ( employ;t &! employee is reimburs$ = r1sona# co/s 9curr$ 9 s do+1 s* reimburse;t wd n norm,y 3/itute 9come 9 ! h&s (! employee4 ,on ! o!r h&1 if ! employ] gives an employee a non- a3.ta# all[.e 6cov] ! co/ ( att5d.e at s* a 3v5;n1 ! employee w1 z a rule1 2 taxa# on t all[.e un.s x is exempt f tax 0r1son ( any (! excep;ns 9 #i ,,it-#aca;,r#b a#d p>agraph #f7#a77b74 ,employees >e n 9 any case 5titl$ 6deduct any (! co/s ( att5d+ 3v5;ns 9 -put+ _! 9come4 ,ref];e %d 2 made 6! curr5t v].n ( ,,it-#dgj ) respect 6holi"d trips pd = 0an employ] z "p or an ext5.n (! employee's att5d.e at a 3v5;n4 ,travell+ ,exp5ses ( ,employee's ,sp\se #h4 ,": an employee is a3ompani$ 0a sp\se on a busi;s trip1 any pay;t or reimburse;t 0! employ] (! sp\se's travell+ exp5ses is a taxa# b5efit 6! employee un.s ! sp\se 0 reque/$ 0! employ] 6g &! ma9 purpose = go+ 0 6assi/ 9 atta9+ ! busi;s objectives (! trip4 ,corpor,ns #i4 ,! provi.ns ( subsec;n #bj7#aj7 apply 6corpor,ns z well z #aj ,,it-#aca;,r#b b#d 69dividual taxpay]s &1 ": ! rules (a "picul> 3v5;n all[ a corpor,n 6regi/] at ! 3v5;n q 9dep5d5tly ( :o xs (fic]s may be1 a corpor,n c 8att5d0 a 3v5;n "? "o or m ( xs ag5ts or employees4 ,a corpor,n g5],y w 2 subject 6! usual limit,n ( two 3v5;ns p] ye> 9 3nec;n ) xs busi;s b may s5d m ?an "o repres5tative 6ea*4 #aj4 ,h["e1 a corpor,n : has div]sifi$ busi;s 9t]e/s & _m employees may take ! limit ( two 3v5;ns p] ye> 6apply 6ea* s* 9t]e/4 ,= example1 a l>ge 9tegrat$ oil -pany miately 6ea*4 #aa4 ,9tracompany meet+s1 sem9>s1 c\rses1 etc41 w n 2 reg>d$ z 3v5;ns z f> z employees (! -pany & xs p>5t1 subsidi>y or associat$ -panies >e 3c]n$ b ! rule ( r1sona#;s 9 sec;n #fg w / apply bo? 6! am.ts &! locale4 ,! employees ( an associ,n organiz+ #aa ,,it-#aca;,r#b #e a 3v5;n wd 2 3sid]$ z att5d+ an 9tracompany meet+4 ,a4i;nal details 9 ? respect may 2 f.d 9 ! curr5t v].n ( ,,it-#ceg1 8,exp5ses ( ,tra9+04 #ab