BNET Business Dictionary
Business Definition for: Entertainment Expenses
- costs, reimbursable by an employer, that are incurred by an employee in hosting social events for clients or suppliers in order to obtain or maintain their patronage or goodwill
Additional Resources
- ATO targets entertainment expenses.
- Byline: Rachel Lebihan Aug 21, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Tax deductions claimed by IT professionals will come under an Australian Taxation Office ATO compliance review in 2006-07. IT professionals appear to submit large claims for entertainment expenses...
- Research articles 2006-08-21
- Understanding Allowable Business Expenses
- It's crucial for business owners to understand exactly what expenses can be deducted from total revenues and reported to shareholders, employees and taxing authorities. Some expenses are obvious: wages, salaries, and benefits you pay employees, for example. Allowable expenses also can vary according to activity, and thus can be a...
- Articles 2008-01-30
- Travel and Entertainment Expenses: Getting There Is Only Half the Fun.
- BOSTON, September 5 /PRNewswire/ -- - Aberdeen study finds that on average almost 1 in 5 expenses are NOT in compliance with corporate T&E policies Given the rise of globalization, companies are under continuous pressure to improve compliance to Travel and Entertainment...
- Research articles 2006-09-05
- Self-constructed supplies costs are not in-house research expenses.
- The IRS recently issued an Appeals Settlement Guideline (10/3/05) setting forth its views on whether expenses related to self-constructed property may be claimed as supplies for purposes of the Sec. 41 credit for increasing research expenditures. Specifically, the guideline states that amounts paid or incurred as...
- Research articles 2006-01-01
- Shanda Interactive Entertainment Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. The floor is now open for questions. [Operator instructions]. Thank you. Our first question comes from Dick Wei from J.P Morgan. Dick Wei - J.P Morgan Hi, good morning. Congrats on a very strong quarter. A three-part [ph] question. First one...
- Earnings calls 2007-11-29
- Proving business expenses for meals, travel and entertainment.
- On proving business expenses for meals, travel and entertainment: Receipts aren't required for $75 or less...IRS said so late in '95 and now spells out some limitations in formally amending its regulations. The $75 rule doesn't apply to lodging...must have itemized ...
- Research articles 1997-04-04
- An October chill: Blockbuster cuts orders to trim costs. (Blockbuster Entertainment Corp.)
- Blockbuster cuts orders to trim costs Blockbuster Entertainment, seeking to reduce expenses and increase cash flow, will significantly reduce rental product orders beginning in October, some suppliers learned last week. An executive at one maj Blockbuster cuts orders to...
- Research articles 1997-09-22
- Informatica Corporation Q4 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from Tom Ernst - Deutsche Bank Securities. Tom Ernst - Deutsche Bank Securities My question is looking at the license and booking number I would characterize those as surprisingly strong given the challenges we’re seeing from other software...
- Earnings calls 2009-01-29
- High Heating Bills May Lead to Energy Efficiency Improvements.(Brief Article)
- TOLEDO, OH -- According to the second annual "Energy-Efficient Home Improvements" study by Owens Corning, the high cost of heating has caused many Americans to cut entertainment expenses or channel money into energy-efficient improvements. TOLEDO, OH -- According to the second annual "Energy-Efficient Home...
- Research articles 2001-05-01
- MEALS AREN'T AUTOMATIC TICKET TO DEDUCTION.
- Has your business ever been audited by the Internal Revenue Service? If it has, my guess is that the area that initially received the greatest scrutiny was the deductions taken for meal and entertainment expenses. The IRS usually has a field day i ...
- Research articles 1999-02-08
- S corp. cannot deduct cost of leasing entertainment facility.
- In Patrick E. Catalano, TC Memo 1998-447, an S corporation could not deduct any amounts paid to its sole shareholder for the lease of his powerboats used to provide entertainment for his clients. Catalano reported the S corporation's lease payments for the boats as rental income...
- Research articles 1999-04-01
- Shanda Interactive Entertainment Limited Q3 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. Operator instructions Your first question comes from the line of Dick Wei with JP Morgan. Please proceed with your question. Dick Wei – JP Morgan Hi, morning. Congrats on a good quarter. Just two questions. First of all, can you give some update on Changchun...
- Earnings calls 2008-12-01
- Shanda Interactive Entertainment Ltd. Q2 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Your first question comes from Dick Wei - JP Morgan. Dick Wei - JP Morgan With the higher salary expenses and potentially sales and marketing expenses for the third quarter and the beyond, what kind of longer term margin trend does the company...
- Earnings calls 2008-09-03
- Pinnacle Entertainment Q4 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Celeste Brown with Morgan Stanley. Celeste Brown – Morgan Stanley Just a quick housekeeping question, what will the corporate run rate be this year? It’s been a little lumpy, it was a little lumpy...
- Earnings calls 2008-03-03
- Melco PBL Entertainment (Macau) Ltd. Q4 2007 Earnings Call Transcript Transcript
- Question-and-Answer Session[Operator Instructions]. Our first question comes from Larry Klatzkin of Jefferies. Please proceed. Lawrence Klatzkin - Jefferies & Co. One, corporate expense seem to double from the third to fourth quarter, could you guys just talk about that and what we should be thinking about that going forward?...
- Earnings calls 2008-02-19
- Regal Entertainment Group Q2 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. Ladies and gentlemen, at this time, we will be conducting a question-and-answer session. Operator Instructions We'll take a moment to poll for questions. Our first question comes from the line of Eric Handler with Lehman Brothers. Eric Handler - Lehman Brothers Thanks. Good morning. Amy,...
- Earnings calls 2007-07-26
- Majesco Entertainment Company, Inc. F4Q08 (Qtr End 10/31/08) Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Michael Pachter - Wedbush Morgan Securities. Michael Pachter - Wedbush Morgan Securities You guys are guiding to relatively flat margins on revenues that will be at least 10% higher so if I am...
- Earnings calls 2009-01-13
- Entertainment Marketing
- From the executive summary: ‘The bottom line on entertainment as a selling strategy is that it can work very effectively for companies. Or else, it can represent one of the black holes into which profits go. The key is to measure and manage, and look at where the money is...
- White papers 2003-01-01
- Tame Your Travel And Entertainment Cost Beast: 4 Tips
- For small businesses, the management of Travel & Entertainment (T&E) spending spins out-of-control because the companies' business travel isn't centrally managed by an agency. One employee books online while another phones the airline directly. Armed with accurate spending information, businesses can establish policies that restrict spending to a list of...
- White papers
- Total Entertainment Reports Year End Audited Results
- MONTREAL--BUSINESS WIRE--Nov. 22, 1999-- Total Entertainment Inc., (OTC: TTLN) A global entertainment and information provider, announced today that its Net gaming revenue for the period December 31, 1998 was $169,993 or .01 cent per share, which excludes research and development, sales, general and administration, merger expenses depreciation and amortization....
- Research articles 1999-11-22
