Home Â» Tax planning guide Â» Section 1 â Businesses Â» Deduction of fines and penalties. You cannot claim a deduction for any fine or penalty imposed by a government agency, regulatory body, court or other tribunal or by any other person having the statutory authority to levy fines and penalties. For example, CRA interest paid for late payments or insufficient instalments is not deductible for tax purposes.
The Spanish slang word <i>pendejo</i> is a vulgar term literally translated to mean pubic hair. It's a term used in anger to describe someone who is unpleasant, rude, obnoxious or arrogant (like a**hole in English).
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