Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jul 12, 2021 3:23:24 PM

What are examples of business taxes?

0 1 411
1 Replies
Level 5
Nov 8, 2021 12:22:11 PM

According to CRA, some examples of business taxes that may be deductible are:

  • municipal taxes
  • land transfer taxes
  • gross receipt tax
  • health and education tax
  • hospital tax

Annual dues or fees for maintaining membership in a trade or commercial association, as well as subscriptions to publications, can be deducted. If the primary objective of the club is dining, recreation, or sporting activities, you cannot deduct club membership dues (including initiation fees).

 

If you require further assistance please contact our phone support team for further assistance or contact us directly on Facebook or Twitter.