Ramon and Ingrid work in the field of public relations and incur sizable entertainment expenses.Ramon is employed by a consumer products company, while Ingrid is a self-employed consultant.Regarding the tax treatment of the entertainment expenses, when would:
Definitions:
Delta-Connected
A method of connecting three components of an electrical circuit where each component is connected end-to-end to form a closed loop or triangle.
Phase Current
The amount of current flowing in the phase of a three-phase load or power supply.
Line Current
The current flow in the line supplying a three-phase load.
Apparent Power
A measure of the total power in an AC circuit, expressed in volt-amperes (VA), that combines both real power (measured in watts) and reactive power (measured in volt-amperes reactive, or VARs).
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