It is estimated that the quarterly prescribed interest rate to be used in determining the “deemed interest income inclusion” from a pertinent loan or indebtedness (PLOI) will decrease to 4.52% (from 4.61%) for 1 October 2015–31 December 2015. This rate is generally the average yield of government of Canada 90-day Treasury bills sold during the first month of the preceding quarter (rounded to two decimal places) plus 4%.
Read an August 2015 report prepared by the KPMG member firm in Canada: 2015 Prescribed Interest Rate for PLOIs - Slight Decrease for Q4
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