Download This PaperAdjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised
8 Pages Posted: 18 May 2020
Date Written: April 16, 2020
Abstract
Now is not the time to consider capping interest deductions for business taxes, says a new report from the C.D. Howe Institute.
In “Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised,” authors Jack Mintz and V. Balaji Venkatachalam note that the proposal, the implementation of which is currently under serious consideration in Ottawa, would have added $1.45B to Canada’s 2019 corporate tax bill.
Keywords: Fiscal and Tax Policy; Business and Capital Taxation
JEL Classification: H25
Suggested Citation: Suggested Citation
Mintz, Jack and Venkatachalam, V. Balaji, Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised (April 16, 2020). C.D. Howe Institute E-brief 302, Available at SSRN: https://ssrn.com/abstract=3582076 or http://dx.doi.org/10.2139/ssrn.3582076
Jack Mintz (Contact Author)
University of Calgary - The School of Public Policy ( email )
Calgary, Alberta
Canada
403-220-7661 (Phone)
CESifo (Center for Economic Studies and Ifo Institute)
Poschinger Str. 5
Munich, DE-81679
Germany
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN