 |
|
|
 |
|
| |
|
| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
|
|
| Make Golf Tax-Deductible, Canadian Campaigners Say |
by Mike Godfrey, Tax-News.com, Washington
Thursday, January 05, 2012
The Canadian golf industry is unfairly treated by the country's tax law, a
group of campaigners has said, calling for game expenses to be deductible if
business-related.
At present, a 1971 law prohibits Canadian businesses from deducting greens
fees in the same manner as they would be permitted to do with regard to other
sporting events, restaurant bills and theatre tickets.
In November, Finance Minister Jim Flaherty received a letter requesting that the
government reconsider the non-deductibility of golf-related expenses in the tax regulations. According
to Jeff Calderwood, chief executive of the National Golf Course Owners Association
Canada, the golf industry is "stepped on unfairly", and he has called
for it to receive equal treatment with other industries.
Also helping to lead the campaign is Peter Stoffer, a member of the official
opposition New Democratic Party. He argues for the benefits of golf, to the
environment, health and charities.
In reaction to the mounting pressure, the government is expected to look again
at the law. Russ Hiebert, a member of the governing Conservative party, has
said that there is a chance to revisit the legislation, noting that "times
have changed".
.
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
