Which interest payments are tax deductable? | Calgary Accounting

Posted on December 20, 2011 by admin

A review of the interest deductibility rules, therefore, is in order for taxpayers and their advisors. Paragraph 20(1)(c) of the Income Tax Act allows deductibility of interest on loans taken to pursue certain profit-seeking activities. …

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Which interest payments are tax deductable? | Calgary Accounting

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