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Corporate income taxes are treated differently than personal income taxes. You absolutely can deduct corporate expenses in Canada.
by abrichr 1y ago
Corporate income taxes are treated differently than personal income taxes. You absolutely can deduct corporate expenses in Canada.
- kazinator 1y agoI didn't mention Canada in order to nonsensically compare corporate taxes in the USA versus personal income tax in Canada, but because it's a good idea to mention where you are if you're writing about taxes. Yes, corps get all kinds of tax breaks, whereas individuals don't.
- MattRix 1y agoAs a Canadian I still don’t understand what the point of your original comment was. We already know this thread is about a US rule.