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omarmarcelgashi
31-08-2009, 02:43 PM
Hi everyone,

Just got a quick question about sponsorship and tax.

In some cases if you sponsor a company/charity then you can apply for a deduction in tax for a certain percentage.

Now is this only if you sponsor/donate to charities or can it apply to companies aswell.

I.e If my company sponsors another company/project for 10k then would I apply for the above benefit.

Thank you.