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5
Oct
2015

100% deduction for certain M&E expenses!

5.10.2015

Generally, businesses are limited to deducting 50% of allowable meal and entertainment (M&E) expenses. But certain expenses are 100% deductible, including expenses: • For food and beverages furnished at the workplace primarily for employees, • Treated as employee compensation, • That are excludable from employees’ income as de minimis fringe benefits, • For recreational or

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