I3 Investment Cooperative

Can investments be tax exempt? Charmaine | Jan 16 2015

Are there any conditions through which investments into the co-op would be tax-exempt?


Member Replies

 To respond to this discussion,

Investments in the co-op will not be a tax write-off unless the co-op fails and the investors lose their investment. The investment then will be part of an ABIL (Allowable Business Investment Loss), provided they meet the conditions of Canada Revenue Agency.

What they will be is an eligible investment…

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