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Mr. Tse is a stock broker working in downtown Toronto. He arrives at the office early in the morning to read the papers and organize

Mr. Tse is a stock broker working in downtown Toronto. He arrives at the office early in the morning to read the papers and organize his day. Throughout the day he is on the telephone calling clients and prospective clients. He occasionally takes clients out for lunch or dinner while he is downtown. He is required by his employer to pay his own entertaining expenses. 



Can he deduct these entertainment expenses on his personal tax return?

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Under the Canadian Income Tax Act entertainment expenses are generally not considered to be deductible This is because entertainment expenses are usua... blur-text-image

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