"if you buy something from Canada for your business" question

Jun 08, 2007 1 Replies

Hello,



If you bought something from Canada for your business like a fax machine, can you simply put that on your corporate tax return for the US they way you normally would as an expense, or does it change what you have to do because it's from Canada?



"genericaudioperson" wrote

If it's an ordinary and necessary expense for your business, it's an allowed deduction regardless of where you buy it from.

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