Entertainment Expense which Qualifies for a 100% NOT Deduction 100% 不可扣除的娱乐费用
Entertainment Expense which Qualifies for a 100% NOT Deduction 100% 不可扣除的娱乐费用
Entertainment Expense which Qualifies for a 100% NOT Deduction
a) Entertainment given to a potential customer
- A real property sales agent discuss the purchase of a house with his potential customer at a restaurant. The agent incurred the whole cost of lunch for himself and his potential customer. The expense incurred on lunch provided is an entertainment expense. However, deduction is allowed in relation to the entertainment provided to a potential customer because it is not wholly and exclusively incurred in the production of gross income.
b) Wedding gifts to customer
- XYZ Sdn Bhd gave its customer a microwave oven as a wedding gift.
- The expense incurred on the wedding gift is an entertainment expense but is not allowed a deduction because it is not wholly and exclusively incurred in the production of gross income.
Singapore
