From the NGOCA Canada and NAGA:
A Private Member’s Bill aimed at bringing tax fairness to the Golf industry was introduced in the House of Commons yesterday by veteran Conservative Member of Parliament David Tilson (Dufferin-Caledon). Bill C-280, entitled “An Act to Amend the Income Tax Act (Golfing Expenses)” would level the playing field in hospitality industries by allowing businesses to claim a 50% deduction for client entertainment greens fees from corporate income, a measure the National Allied Golf Associations (NAGA) has long advocated for.
Press Release from Member of Parliament David Tilson:
For Immediate Release June 1, 2016
Tilson Presents Bill to Allow Deduction of Greens Fees
OTTAWA, ON – David Tilson, Member of Parliament for Dufferin-Caledon, today introduced a Private Member’s Bill which would allow businesses who are entertaining clients on the golf course the same 50% deduction enjoyed by competing hospitality industries.
“The saying is true; more business is conducted on the golf course than in the boardroom,” said Mr. Tilson. “So I ask why are greens fees excluded from our current taxation laws? A business can entertain clients at a Jays game or Leafs game and claim an entertainment deduction. Why not a round of golf?”
The golf industry in Canada is very strong, with 5.7 million players, more than in any other participatory sport. There are 300,000 Canadians who derive their income from golf. Over $530 million per year is raised for charities, again, far more than any other sport. Golf generates $14.3 billion in GDP in Canada and $3 billion in tax revenue for all levels of government. More than 60 million rounds of golf are played each year on Canada’s 2,340 golf courses.
“This change to the Income Tax Act would have a direct impact on small business across the country,” said Mr. Tilson. “Canada is at a disadvantage in this category, since both the US and the UK allow for this type of deduction under their tax codes. The Liberal Government has committed to a mandate that is supposed to champion the middle class and small business; if the Liberals truly are committed to this approach then they should support my Bill.”
We, Jeff & Tara Ciecko of CK Golf write two blogs, one is our 19th Hole Blog where we share personal experiences and the other an Industry Blog where we comment on general business and internet marketing best practices, sales strategies and give golf industry related opinions. We have owned CK Golf for 9 years and provide marketing, social media and business services to the golf and other industries. Our 19th Hole Blog is about the places we visit and the things we do. When we say that we like or dislike something or have a good or bad experience this is our opinion and the truth as we see it, not something we have been paid for. If you have any questions or comments feel free to contact us anytime.