Following the 1999 Supreme Court ruling that businesses may deduct fines, levies or penalties as a business expense on their income tax if such penalties were incurred for activities undertaken for the purposes of earning income: ( a ) which, if any, Canadian businesses deducted fines, levies or penalties from their taxes in each of the years 1997, 1998, 1999, 2000; ( b ) what were the penalties and dollar figures each of those companies claimed as a deduction for said penalties; and ( c ) which, if any, Canadian companies have deducted a fine or penalty or levy incurred for activities in another country?
In the House of Commons on March 15th, 2002. See this statement in context.