Financing Fees Amortization Worksheet
This worksheet calculates the amortization of certain expenses over a prescribed period, under paragraph 20(1)(e) of the Income Tax Act (Canada).
It quickly calculates the amortization by tax year for financing fees, and provides a clear schedule for your files.
This worksheet also accommodates multiple types of financing fees in a tax year, and supports allowing for debt obligation settlement dates and corporate add-backs.
- Financing Fees Amortization Worksheet