Can gifts to business associates be a tax deduction in Canada?

I run a small business, I have bought gifts to my suppliers and customers. Can I use these expenses as a tax deduction? (Canada) ...


I run a small business, I have bought gifts to my suppliers and customers. Can I use these expenses as a tax deduction? (Canada)

One Response to “Can gifts to business associates be a tax deduction in Canada?”

  1. CHARLES R says:

    yes, its an allowable tax deduction as long as the gift is under $750 in value, and not taxable in the hands of the recipient.

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