Explore the 1,000’s of tax questions answered by professionals.

Back to

QUESTION DETAIL

Related User

Votes

For a business that gives away some product as advertising, may the full retail price of the product be deducted from taxable income?


ANSWER


The BIDaWIZ Team's Answer:

No; only the cost of the samples qualifies as a deductible

advertising expense.

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.