https://www.taxtmi.com/forum/issue?id=4296 Deduction of foreign travel expenses requires proof that trips were for business expediency, not personal reasons; corroborative documentation (meetings, agendas, communications) must substantiate each journey. Travel related to lender discussions may be allowable if business purpose is proven, while any personal portion is disallowable and the taxpayer bears the burden of separating and proving business versus personal components. en-us Wed, 27 Jun 2012 12:13:28 +0530 Thu, 23 Jan 2025 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4296 Deduction of foreign travel expenses requires proof that trips were for business expediency, not personal reasons; corroborative documentation (meetings, agendas, communications) must substantiate each journey. Travel related to lender discussions may be allowable if business purpose is proven, while any personal portion is disallowable and the taxpayer bears the burden of separating and proving business versus personal components. Discussion-Forum Income Tax Wed, 27 Jun 2012 12:13:28 +0530 https://www.taxtmi.com/forum/issue?id=4296