Ethics Case: Your client traditionally provides free doughnuts and coffee from a local convenience store $($not considered to be a restaurant$)$ to its employees every Friday morning to help boost morale. Corporations can generally deduct $50$ percent of the cost of food provided to employees. However, food costs at "mentoring events" is $100$ percent deductible. Following the tax director's proposal, the Friday events have been recharacterized as "mentoring events" by having someone from management make a few remarks about professional development. What do you think of the corporation's approach to maximizing its decution for meals on its tax return? Would it matter that the client could easily purchase the coffee and doughnuts from a doughnut shop?

Assignment Instructions and Materials:

After reviewing the topic above, in a forum post, respond to the following questions$($s$)$ and$/$or prompt$($s$)$:

What do you think of the corporation's approach to maximizing its deduction for meals on its tax return?

Would it matter that the client could easily purchase the coffee and doughnuts from a doughnut shop?