Masonry Magazine September 1963 Page. 18
COSTS YOU NOTHING-
Saves you plenty! ARKETOTE ARKETEX ARKETOTE THE NEW UNITIZED PACKAGE for Arketex Ceramic Glazed Structural Tile
Arketex ends "one-at-a-time" tile handling! All Arketex tile now comes to you in ARKETOTE protectively wrapped, steel-strapped packages with built-in forklift inserts at no extra cost. One man, with a simple two-wheel truck, can easily move hundreds of pounds of tile at a time. He can spot it right where it's needed, close to the mason at the wall.
HERE IS WHAT ARKETOTE DOES FOR YOU:
* CUTS THE COST OF MOVING TILE TO THE SITE AND HANDLING IT ON THE SITE.
* CUTS TILE DAMAGE TO THE BONE THROUGH INDIVIDUAL "BOX LID" CAP PROTECTORS FOR FACES AND EDGES REDUCING THE NEED FOR OVERAGE ALLOWANCES IN YOUR BIDS, ESTIMATES AND ORDERS.
SPECIFY ARKETEX AND GET ARKETOTE FREE! Also available from Arketex inexpensive two-wheel fork trucks used in Arketote handling. Call or write today for full details.
Package meets MCAA Standards fer Structural Glazed Tile Package #306 SW Package meets MCAA Standards for Structurel Glazed Tile Package #308 "Pending MCAA Field Approval ARKETEX CERAMIC CORPORATION BRAZIL, INDIANA THE PROGRESSIVE NAME IN STRUCTURAL CERAMICS
Questions & Answers
(Continued from page 17)
13. Question: Does the taxpayer's business inf the question of whether an expense is entertainment?
Answer: Yes, this is a very important consider For example, if a manufacturer of dresses conducts a ion show to introduce his products to a group of buyers, the show would not be generally considered tainment. However, if an appliance distributor w conduct a fashion show for the wives of his retailem show generally would be considered entertainment.
Goodwill Entertaining
14. Question: Do these new rules disallow all bu "goodwill entertaining"?
Answer: No. Although the new statute ins restrictions on tax deductions for goodwill entertain significant portion of business goodwill entertaining deductible under the new rules: (1) under the "bu meal" rule (see questions 15 to 20), or (2) if the tainment is "associated" with the active conduct of business and directly procedes or follows a substantia bona fide business discussion, including business me at a convention or otherwise (see questions 21 to 2 32), or (3) in certain limited situations involving tainment "directly related to the active conduct of business, such as entertainment which occurs in a business setting (see questions 38 to 40).
Business Meal Entertaining
15. Question: If, for business reasons, I take tomer to breakfast, lunch or dinner at a restaura hotel, or to a bar for a few drinks, but we do not d business, can I deduct the cost of the entertainment the new rules?
Answer: Yes, the statute provides that if th cumstances are of a type generally considered to bu ducive to business discussion an expense for meals o erages will be deductible to the extent the expenses ordinary and necessary business expenses as under law.
16. Question: When are circumstances consider be conducive to business discussion?
Answer: This depends on the facts of each taking into account the surroundings in which the or beverages are furnished, the taxpayer's business, an relationship of the person entertained to the taxp business. The surroundings should be such that the no substantial distractions to discussion. Thus, gen a restaurant, hotel dining room, or similar places, m involving distracting influences, such as a floor show, be considered to be conducive to a business discu On the other hand, entertainment at night clubs, sp- events, large cocktail parties or sizeable social gath would generally be considered to involve distracti fluences not conducive to business discussion.
17. Question: Does the fact that the business mer tertaining takes place in the taxpayer's home disquali deduction?
Answer: No, as long as the food or beverag served under circumstances conducive to business c sion. However, in the case of business meal entert at home, the taxpayer must clearly show that the ex ture was commercially rather than socially motivate (Continued on page 19) MASONRY September,