14 June 2017 Ministerial Correspondence 2017-0691521M4 - Deductibility of foreign online advertising

By services, 18 July, 2017
Bundle date
Official title
Deductibility of foreign online advertising
Language
English
CRA tags
19; 19.01; 19.1
Document number
Citation name
2017-0691521M4
Severed letter type
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
467804
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "2017-06-14 08:00:00",
"field_tags": []
}
Workflow properties
Workflow state
Workflow changed
Main text

Principal Issues: Is foreign online advertising deductible?

Position: Generally, foreign online advertising is deductible.

June 14, 2017

XXXXXXXXXX

Dear XXXXXXXXXX:

The office of the Right Honourable Justin Trudeau, Prime Minister of Canada, sent me a copy of your correspondence about the tax deductibility of foreign online advertising. Thank you for your understanding regarding the delay of this response.

Advertising expenses related to earning income are generally deductible, provided the expenses are made to earn income from a business or property. However, sections 19, 19.01, and 19.1 of the Income Tax Act limit or deny the deductibility of expenses for advertising in a broadcast or an issue of a newspaper or periodical when certain Canadian content or Canadian ownership requirements are not met.

The Canada Revenue Agency (CRA) has considered the deductibility of Internet advertising expenses and concluded that the above-noted rules do not apply to the deductibility of advertising expenses on foreign Internet websites.

The Department of Finance, which is responsible for tax policy and the development of tax legislation, is aware of this issue and of the CRA’s position.

I appreciate the opportunity to respond to your concerns.

Sincerely,

The Honourable Diane Lebouthillier
Minister of National Revenue

George A Robertson CPA, CMA
905-721-5196
2017-069152