Gift for customer and company’s taxable expense
by panwa group | Aug 12, 2019 | 5.QA
Our company received some requests from customers for gifts for their company functions. Will there be any issue if we buy gifts for donation purpose to them and is there limitation in terms of amount or type of gift that can be purchased? Panwa: The cost of...To consider Donation as the company taxable expense
by panwa group | Aug 12, 2019 | 5.QA
We would like to know if our company will pay the donation. Could it be considered as the company taxable expenses? And Can you let us know who is the normally non-approved person for donation. Panwa: The Donation shall not be allowed as expenses in the calculation...