Classification Of An Arrangement As An Interest-Bearing Instrument – Mondaq News Alerts (registration)

Classification Of An Arrangement As An Interest-Bearing Instrument – Mondaq News Alerts (registration)

Classification Of An Arrangement As An Interest-Bearing Instrument
Mondaq News Alerts (registration)
The Income Tax Act contains specific provisions relating to the timing of the accrual or incurral of interest for tax purposes. BPR272 deals with an arrangement that contains deferred payment terms and amounts determined with reference to an interest rate.

Classification Of An Arrangement As An Interest-Bearing Instrument – Mondaq News Alerts (registration)