A real estate agent provides vouchers for food and entertainment to his clients. The agent does not control how the clients use the vouchers, and he does not consume the food or attend the entertainments provided by the vouchers. Can he deduct in full the amounts spent on the vouchers, notwithstanding the provisions of section 67.1 of the Income Tax Act (Canada)? In The Queen v. Stapley, 2006 FCA 36, the Court said no, the 50% rule applies.
