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%.
Questions? Please contact customerservices@lexology.com
Register
To view this article you need a PDF viewer such as Adobe Reader.
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%.
If you would like to learn how Lexology can drive your content marketing strategy forward, please email enquiries@lexology.com.
”ACC Newsstand is another useful, tailored and easily accessible resource that coincides directly with our focus on saving ACC members time, money and effort.”