Discussion:Business sponsors golf tournament
From TaxAlmanac, A Free Online Resource
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
Discussion Forum Index --> Tax Questions --> Business sponsors golf tournament
Old tax guy (talk|edits) said: | 19 June 2007 |
| If a business pays 70 entry fee plus 100 to sponsor a hole, how much can be counted as a donation. The cost to the charity putting on the tournament is 42 for
golf and 8 for food per player. Can the business take the full deduction of 170 or does it have to deduct the value received by the person playing even if that person does not work for the business? | |
| June 19, 2007 | |
| C'mon! Are you going to tell me that this isn't advertising? Of course it is. 100%. | |
Old tax guy (talk|edits) said: | 20 June 2007 |
| OK OK just making sure
I'm writing letters to sponsors thanks for the reply | |
To join in on this discussion, you must first
log in.
