Re: Attending AGM's
From knowledge in general, if you are a personal investor, expenses incurred for travel, hotel etc for attending AGMs is not a taxable deductible expense since it is a private, deomestic expense, however if you are working for say an insurance organisation, investment bank, asset manager I believe the expenses are deductible. The rationale is that these type of organisations generate income through investments in the capital market and investment decisions are somewhat dependent on attending AGMs, moreover these expenses incurred are incurred for producing assessable income for the organisation.