CASAGolfClassic.org
“It is advised that corporations request a non-official tax receipt for income tax purposes as they may claim 100% of it as a business expense (section 18 of the Income Tax Act). Official tax receipts made out to a corporation, on the other hand, result in the entity only being able to deduct the eligible amount of the gift up to 75% of net income, plus 25% of certain taxable capital gains and recaptured capital costs.”
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Samantha Kelch at 780-222-0732 or [email protected]
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