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Feb 8, 2021 15:32
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The allowance is transferred to my bank account every month from his asset management company.
Is this being treated as a business expense?
4 answers
🏅 あなたの味方
お役に立てれば幸いです。
Age: Private
👨 Male
Universe staff
I’m Maezawa from the CEO’s office, and I’ll answer this as well.
Thank you for your question.
For example, even if someone wants to treat it as a business expense, it becomes difficult if the relevant department says it isn’t allowed. And if their tax accountant advises against it, then it’s generally not going to happen.
They may possibly be recording it as an expense, but based on that information alone, I think it would be difficult to determine whether it actually is one.
That said, even if it is a business expense, you’re still receiving an allowance either way.
Business expenses aren’t a magic money tree. Even if they reduce the amount of tax owed, the tax rate isn’t 100%, so the other person’s assets are still ultimately decreasing.
👨 Male
Universe member
I’m Date◎Yume, a male member.
> The money is transferred to me every month by bank transfer from my partner’s asset management company.
Since the amount being transferred seems fairly substantial, I recommend filing a tax return.
🏅 倶楽部女性のご主人様に潤いを!
Mパパ、永遠の交際継続中!
B1タイプ〜A寄りパパです!
会う度大人は嫌と感じる方………ご相談ください。
Age: Private
👨 Male
Universe member
I’m a male member, Paper Airplane.
Very few people would treat it as a business expense.
The reason is that you wouldn’t be able to enjoy it if you did.
Age: Private
👨 Male
Universe member
I’m Kazu, a male member.
The fact that the payment comes from a corporation doesn’t necessarily mean it’s being treated as a business expense. However, if the purpose isn’t to process it as an expense, I don’t see any reason for the payment to come from a corporation.
If the papa is an elderly man who can’t make bank transfers himself using online banking, the payment might come from an asset management company because he has an employee handle the transfer for him.