Briefly describe the tax treatment applied to expenses incurred to issue shares or borrow money (the cost

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Briefly describe the tax treatment applied to expenses incurred to issue shares or borrow money (the cost of a prospectus, commissions to brokerage firms, and the like). What impact does this tax treatment have on the after-tax cost of financing?

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Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

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Question Posted: Dec 19, 2015 04:38 AM

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Briefly describe the tax treatment applied to expenses incurred to issue shares or borrow money (the cost

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Expenses incurred to borrow money or issue shares are permitted to be deducted for tax purp...View the full answer

Canadian Income Taxation Planning And Decision Making

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