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Canada Confirms Intention to Institute New Interest and Deductibility Rules | Davies Ward Phillips & Vineberg LLP - Vimarsana News

Canada Confirms Intention to Institute New Interest and Deductibility Rules | Davies Ward Phillips & Vineberg LLP

The Department of Finance (Canada) (Finance) released draft legislation on February 4, 2022 that would limit the deduction of “interest and financing expenses” to a fixed percentage of...