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.
On February 6th, 2020. See this statement in context.
On February 6th, 2020. See this statement in context.
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.
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