Expensive lawyer fees !

[Hana Diabas]

Hi guys

Sadly we are dealing with a legal matter that is costing us a significant amount of money !

my question is can we claim the lawyer fees on our income tax ?



Thank you

 

[zardoz]

Hi guys

Sadly we are dealing with a legal matter that is costing us a significant amount of money !

my question is can we claim the lawyer fees on our income tax ?



Thank you

Unless they were incurred in dealing with the CRA, probably not. Basically, "it depends". Contact the CRA for a definitive statement.

http://www.segalllp.com/2017/10/26/legal-fees-whats-deductible/

 

[canuck78]

Hi guys

Sadly we are dealing with a legal matter that is costing us a significant amount of money !

my question is can we claim the lawyer fees on our income tax ?



Thank you

No. If you are running a business you might be able to write off the costs through your business if it a business-related legal issue..

 

[canuck_in_uk]

Hi guys

Sadly we are dealing with a legal matter that is costing us a significant amount of money !

my question is can we claim the lawyer fees on our income tax ?



Thank you

Doubtful. What is the legal issue?