Right. The borrower will be taxed on it as corporate income, and the lender will be taxed on it as personal income, presuming it's a person.
February 6th, 2020 / 4:10 p.m.
Conservative
Pierre Poilievre Conservative Carleton, ON
Right. The borrower will be taxed on it as corporate income, and the lender will be taxed on it as personal income, presuming it's a person.
See context to find out what was said next.