Meals at 100%

Someone recently told me that they have weekly meetings with all the staff and because everyone is there, they write off the meals.  Something at the back of my brain objected to that claim.

See S. 67.1(2)(f) for limitation to six events per year

And.. if employees are being fed regularly and aren't contributing their fair share, there may be a taxable benefit called an empoyee fringe benefit that applies.  Click here to see IT470 Employee Fringe Benefits for more information.