Can You Write Off Hunting Expenses as a Business?
Deducting hunting expenses as business expenses is subject to strict regulations in the US and Canada.
The IRS generally disallows deductions for hunting trips unless they are directly related to your business. To qualify, you must demonstrate that the hunting activity has a clear business purpose. However, only 50% of the meal and entertainment expenses are typically deductible.
The CRA has similar restrictions. Expenses for recreational activities, including hunting, are generally not deductible unless you can prove they are incurred to earn business income. However, CRA mentions, “If you employ a person in hunting, trapping, forestry, logging, lumbering, or other similar activity, you may have to make deductions from the remuneration you pay to that person.”
Boy, oh boy, these tax laws are complicated.
