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Income-splitting loans

Fasken

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Canada April 22 2009

The Canada Revenue Agency (the “CRA”) has announced the 2009 second quarter prescribed interest rate used to calculate taxable benefits for employees and shareholders for interest-free and low-interest loans would be 1%.

Fasken - Corina S. Weigl
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Filed under

  • Canada
  • Private Client & Offshore Services
  • Fasken

Tagged with

  • Loan
  • Interest rate
  • Shareholder
  • Income
  • Interest
  • Canada Revenue Agency

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