Lock in Family Income-Splitting Loans By March 31 | KPMG | CA
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Lock in Family Income-Splitting Loans By March 31

Lock in Family Income-Splitting Loans By March 31

Act quickly for future tax savings before the 2% prescribed interest rate takes effect.

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You should act quickly to realize future tax savings before the CRA's 1% prescribed interest rate for family income-splitting loans rises to 2% on April 1, 2018. The current interest rate is historically low and can provide significant long-term benefits to your family.

Download this edition of the TaxNewsFlash to learn more.
 

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