You Belong To A Club. Does The Taxman Care?

The days when executives could routinely deduct thousands of dollars in country-club dues as a business expense are long gone. The 1993 tax law, which prohibits taxpayers from writing off expenses stemming from clubs operating for business, pleasure, recreation, or other social purposes, pretty much put the last nail in that perk's coffin. But some "clubs" still qualify for a tax break.

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