Business taxes, fees, licences, dues, memberships, and subscriptions

You can deduct any annual licence fees and business taxes you incur to run your business. You can also deduct annual dues or fees to keep your membership in a trade or commercial association.

Report this expense on line 8760 of Form T2125, Statement of Business and Professional Activities.

You cannot deduct club membership dues (including initiation fees) if the main purpose of the club is dining, recreation, or sporting activities.

Forms and publications

• Booklet P134, Using Your Home for Daycare
• Form T2125, Statement of Business and Professional Activities