In a Canadian incorporated company is it permissible to deduct meals and entertainment involving family members? What are the rules that apply to making deductions for meals and entertainment? What has to be provided to prove a legitimate expense and are there any rulings where this type of deduction has been disallowed? Any hints on how to tell someone they can not truly and legally live off a corporate credit card by way of deductions in thier company and any rulings or decisions of the consequences of doing so. Also any information on just how the government would go about proving this is happening. Friend thinks it is just a matter of talking about what they do in a social setting to become a legitimate business expense. Having a hard time convincing this is very danagerous as I do not really know the consequences. Also is liquor deductible? and under what circumstances?
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