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Tax tip

February 10, 2004

Don't get carried away

Did you know...

If you have investments, you may be able to claim related carrying charges and interest expenses. Carrying charges include a variety of fees such as a safety deposit box rental fee or certain investment advice fees. You can claim interest expenses on money that you borrow to make certain investments, including payroll deductions for Canada Savings Bonds.

For more information, visit http://www.ccra.gc.ca/iis and select "C" from the drop down menu for Carrying charges or "I" for Interest expenses.

This document is also available for download in .pdf format.

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Date modified:
2004-02-10 		Top of page
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