Comment by kazinator

Comment by kazinator 7 days ago

> If you pay a software engineer, that's not "really" an "expense", regardless of the fact that you paid them.

If I pay for ... pretty much anything whatsoever ... I cannot write it off my personal income tax here in Canada. Not housing, not food. Medical expenses will come off the bottom not off the top.

abrichr 7 days ago

Corporate income taxes are treated differently than personal income taxes. You absolutely can deduct corporate expenses in Canada.

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kazinator 7 days ago

I didn't mention Canada in order to nonsensically compare corporate taxes in the USA versus personal income tax in Canada, but because it's a good idea to mention where you are if you're writing about taxes.
Yes, corps get all kinds of tax breaks, whereas individuals don't.

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- MattRix 7 days ago
  
  As a Canadian I still don’t understand what the point of your original comment was. We already know this thread is about a US rule.
  
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