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richhj88
New Member

Can I get a deduction for business expenses purchased overseas?

I purchase products overseas and resell them directly to another country.
So, there is no imports and exports to and from Canada.
I get profits from those resales.
1 Reply

Can I get a deduction for business expenses purchased overseas?

Yes, you can deduct expenses related to your business. Please find this link from the CRA website regarding business expenses that you can deduct.

 

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