TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MAXIMUM ALLOWABLE INTEREST DEDUCTION [1 record]

Record 1 1999-03-29

English

Subject field(s)
  • Finance
  • Taxation
CONT

The maximum allowable interest deduction for amounts borrowed to purchase an automobile will remain at $250 per month.

French

Domaine(s)
  • Finances
  • Fiscalité
CONT

Le plafond de déductibilité des frais d'intérêt payés sur les sommes empruntées pour l'achat d'une automobile demeurera à 250 dollars par mois.

Spanish

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