Getting ready for EIFEL rules: Part two

By Siwei Chen (January 18, 2023, 12:09 PM EST) -- On Nov. 3, 2022, the government of Canada released revised proposed legislation and explanatory notes for the new excessive interest and financing expenses limitation (EIFEL) rules. Comments on the proposed rules closed Jan. 6, 2023, and we expect another draft of legislation to be released before the legislation comes into force....