Words and Phrases - "debt obligation"

a
82
b
44
c
75
d
50
e
37
f
31
g
18
h
13
i
72
j
2
k
2
l
30
m
53
n
25
o
38
p
79
q
3
r
75
s
88
t
46
u
14
v
8
w
20
y
2
“
1

19 April 2022 Internal T.I. 2020-0873571I7 - CERS Interest paid on a debt obligation as qualifying rent expense

Summary Under
Tax Topics - Income Tax Act - Section 125.7 - Subsection 125.7(1) - Qualifying Rent Expense - Variable A - Paragraph (b) - Subparagraph (b)(i) - Clause (b)(i)(A)
referenced aggregate amount is the lowest during ownership, and excludes non-amortizing debt

Regarding the determination of the “lowest total principal amount” {“LPTA”) in s. (b)(i)(A) of A of “qualifying rent expense,” the...

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Words and Phrases
debt obligation
Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 125.7 - Subsection 125.7(1) - Qualifying Rent Expense - Variable A - Paragraph (b) - Subparagraph (b)(i) - Clause (b)(i)(B) “cost amount” is the s. 248(1) cost amount in the particular qualifying period 136