business Leaders who are using their company as a residential purchase, you may no longer deduct it from their taxes. It reports The News on Monday.
over The past few years, there was confusion among practitioners and legal experts, after the Court of Appeal in 2015, it was determined that the companies in their income tax return also, business-related expenses could bring in that have nothing to do with their activity time. A doctor on the weekend and wanted a breath of fresh air by the sea was able to purchase the apartment from the tax as business expenses, although he received no patients.
But the court of Cassation now has a new judgment, for clarity: a purchase can only be charged as business expenses, if he gives an advantage to the company. The federal department of Finance according to the newspaper, and know of the judgments of the court of Cassation to examine.
