In last week’s GNN Poll, we discussed the possibility of golf being accepted as a legitimate business expense in the eyes of the federal government. You can check our Polls Archive section to see how the industry answered that one.
Let’s assume for a moment that the government goes ahead and gives golf the tax deductible status it craves.
Will it kick-start golf despite other challenges such as the overall economy and declining/stagnating participation?
How will it affect your individual business or the one that employs you?
The golf industry, as a whole, obviously welcomes such a break. Increased rounds could mean more spent on food and beverage and in the pro shop, among other benefits.
On the other hand, if this did come to be, would the impact be felt greater at golf operations near the corporations that are located in the large, metropolitan areas than at the mom and pop operations located farther away from the big cities?
While the overall acceptance of this move is positive, how do you see it affecting your individual operation? That’s the topic of this week’s GNN Poll.
If golf was made a legitimate business expense and could be written off, what impact would that have on your individual operation or the one that employs you?
- Significant (59%)
- I’ll take it. Anything helps. (39%)
- It won’t mean much. (2%)
You can cast your vote below or on the GNN home page and, as always, feel free to voice your opinion on this subject in the Comments box below.