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Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised
Summary:
| Citation | Mintz Jack and Venkatachalam V. Balaji . 2020. "Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised". Research. Toronto: C.D. Howe Institute |
| Page Title: | Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised – C.D. Howe Institute |
| Article Title: | Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised |
| URL: | https://cdhowe.org/publication/adjusting-reality-proposed-restricting-corporate-interest-deductibility-ill-advised/ |
| Published Date: | April 16, 2020 |
| Accessed Date: | March 19, 2025 |
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Now is not the time to consider capping interest deductions for business taxes, says a new report from the C.D. Howe Institute.
In “Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised,” authors Jack Mintz and V. Balaji Venkatachalam note that the proposal, the implementation of which is currently under serious consideration in Ottawa, would have added $1.45B to Canada’s 2019 corporate tax bill.
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