Why is it that a corporate debt owed to a shareholder may be considered as part of

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Why is it that a corporate debt owed to a shareholder may be considered as part of the shareholder’s equity of the corporation? How is a shareholder’s loan treated for tax purposes?

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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 04:25 AM

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Why is it that a corporate debt owed to a shareholder may be considered as part of

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In some circumstances a shareholder will loan money to their corporation for term...View the full answer

Canadian Income Taxation Planning And Decision Making

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