Example 1. You spend $200 for a business-related meal. If $110 of that amount is not allowable because it is lavish and extravagant, the remaining $90 is subject to the 50% limit. Your deduction cannot be more than $45 (50% Ã $90).
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Fela Kuti was a hero to Africa's poor. He was meant to be a doctor, an upstanding member of Nigeria's elite like his father, an Anglican pastor who had founded the Nigeria Union of Teachers, and his mother, an aristocrat, nationalist and fiery feminist who had won the Lenin peace prize.