[Verse 1]
Sarah buys a laptop for her consulting trade
Invoice shows the date, the cost, the grade
CRA inspector asks three questions straight
Was it for your income? Documentation? Reasonable rate?
[Chorus]
Purpose, proof, and reasonable too
Three pillars holding deductions through
Business first, that's the golden rule
Personal benefit won't make you fool
Purpose, proof, and reasonable amount
These are the tests that really count
[Verse 2]
Marcus takes a client out for steak and wine
Personal enjoyment? That's perfectly fine
Primary purpose drives the business deal
CRA cares what makes your income real
[Chorus]
Purpose, proof, and reasonable too
Three pillars holding deductions through
Business first, that's the golden rule
Personal benefit won't make you fool
Purpose, proof, and reasonable amount
These are the tests that really count
[Bridge]
Receipts and records tell your story true
Circumstance determines what's reasonable to you
Income-earning purpose is the master key
Personal perks don't kill deductibility
[Verse 3]
Training course in Banff, you learn and ski
Mixed-use expenses still can qualify
Document the business, keep it clean and clear
Primary purpose makes the deduction sincere
[Chorus]
Purpose, proof, and reasonable too
Three pillars holding deductions through
Business first, that's the golden rule
Personal benefit won't make you fool
Purpose, proof, and reasonable amount
These are the tests that really count
[Outro]
Income-earning purpose is your north star bright
Keep those records locked up tight
Reasonable amounts for what you do
CRA's core principle will see you through