26 June 2020 External T.I. 2017-0688121E5 F - Déductibilité des intérêts et pénalités imposées sur les taxes foncières -- summary under Financing Expenditures

Regarding interest on municipal taxes, CRA stated:

[I]nterest charged on an unpaid balance of property taxes will be deductible if the property taxes themselves are deductible.

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