Are consulting fees with regards to a share sale agreement deductible?
By Nicci Courtney-Clarke · Updated
Are consulting fees incurred for the acquisition of 75% equity shares in company deductible?
From the purposes of the company or an individual?
From the purpose of the company - the 75% equity shares was so the the company could benefit from the synergy it acquired so as to produce income.
Yes then you can deduct these fees.