Can I read Preparing for EIFEL Legislation in Canada on EtoBox?

Preparing for EIFEL Legislation in Canada by Zaid Kamal is a document available to read on EtoBox.

What is Preparing for EIFEL Legislation in Canada about?

Legislation called the Excessive Interest and Financing Expenses Limitation (EIFEL) rules will soon be introduced in Canada to limit the amount of interest and financing expenses that corporations and trusts can deduct for tax purposes. The EIFEL rules are expected to apply for taxation years beginning October 1, 2023 and are modeled after similar rules introduced in other countries. Businesses should begin assessing how the EIFEL rules may impact them and take steps to prepare for compliance, such as restr

Author

Zaid Kamal

Language

EN