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04
01/12

Canadians push to make Golf Tax Deductible

Written by Editor

PDFPrintE-mail

OTTAWA—A group of Canadian lawmakers is teeing off at what the country's golfers say is a decades-old unfair rule in the country's tax law.

Since 1971, Canadians have been barred from deducting greens fees for business-related golf outings. Canadian companies and businessmen can deduct hockey and other professional sports events, theater and concert tickets, and pricey meals at the country's finest restaurants, so long as they are business-related. But deducting a host of golf-related expenses—a staple of the tax code south of the border in the U.S.—is out of bounds.

Click on link for full article

http://online.wsj.com/article/SB10001424052970204632204577131101834120344.html

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