• Taxable value

    The taxable value of a tax-exempt body entertainment fringe benefit is the expenditure incurred in providing the entertainment to the employee, or the employee's associate.

    A tax-exempt body employer may elect to value the meal entertainment component according to the rules discussed below.

    You may also elect to value the hiring or leasing of entertainment facilities according to the rules discussed below.

      Last modified: 13 Apr 2011QC 18530