Harris, "Developments in Asset-backed Financing: Tax Considerations", Business Vehicles, Vol. III, No. 3, 1997, p. 136

Summary Under
Tax Topics - Income Tax Act - Section 181.2 - Subsection 181.2(3)

It is suggested that a rent prepayment under a lease is not an "advance".

Summary Under
Tax Topics - Income Tax Act - Section 2 - Subsection 2(3) - Paragraph 2(3)(b)

It was understood that Revenue Canada has given a favourable ruling that the use of a non-resident securitization vehicle would not be viewed as...

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Summary Under
Tax Topics - Income Tax Act - Section 9 - Timing