This provision establishes a clear and straightforward rule for a common business expense. A Taxable Person is permitted to deduct 50% of any entertainment, amusement, or recreation expenditure incurred during a Tax Period. The rule applies to costs for entertaining customers, shareholders, suppliers, or other business partners. Examples of covered expenses include meals, accommodation, transportation, admission fees, and the use of facilities. The deductibility remains subject to the general principle in Article 28, meaning the expenditure must still be for the purpose of the business before the 50% limit is applied.