Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
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Re: Convention Expenses
Thank you for your letter of February 8, 1991. Your enquiry has been referred to our office for reply by the Penticton District Office. You have queried the deductibility of convention expenses to be incurred by
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The deductibility for income tax purposes of convention expenses depends upon each individual's particular set of circumstances and can be determined only after his or her income tax return is filed and all relevant facts determined. However, we do offer the following comments of a general nature which may be of assistance to you.
Subsection 20(10) of theIncome Tax Actpermits a deduction in respect of expenses incurred in attending not more than two conventions per year for taxpayers who are carrying on a business. The enclosed Interpretation Bulletin IT-131R2 should provide you with written details of much of the information relayed to you verbally by the Penticton District Office and addresses your concerns about physicians that may attend from other areas of Canada. You will note, for example, that difference rules apply to self-employed individuals than apply to employees.
We trust our comments and the enclosed information are of assistance to you.
All rights reserved. Permission is granted to electronically copy and to print in hard copy for internal use only. No part of this information may be reproduced, modified, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or stored in a retrieval system for any purpose other than noted above (including sales), without prior written permission of Canada Revenue Agency, Ottawa, Ontario K1A 0L5
© Her Majesty the Queen in Right of Canada, 1991
Tous droits réservés. Il est permis de copier sous forme électronique ou d'imprimer pour un usage interne seulement. Toutefois, il est interdit de reproduire, de modifier, de transmettre ou de redistributer de l'information, sous quelque forme ou par quelque moyen que ce soit, de facon électronique, méchanique, photocopies ou autre, ou par stockage dans des systèmes d'extraction ou pour tout usage autre que ceux susmentionnés (incluant pour fin commerciale), sans l'autorisation écrite préalable de l'Agence du revenu du Canada, Ottawa, Ontario K1A 0L5.
© Sa Majesté la Reine du Chef du Canada, 1991
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