CRA raises rate for corporate taxpayers’ PLOI

By Staff | September 28, 2018 | Last updated on September 15, 2023
1 min read

CRA raised the rate for corporate taxpayers’ pertinent loans or indebtedness (PLOI) for the fourth quarter of 2018 from 5.16% to 5.45%.

The other prescribed annual interest rates are unchanged from the previous quarter.

A PLOI applies to non-resident corporations. More information can be found here.

See the full list of rates that will apply from Oct. 1 to Dec. 31.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.