All answers on TaxGuided are community-contributed and for educational purposes only. This is not professional tax, legal, or accounting advice. Always consult a qualified professional for your specific situation.

investment-taxAnswered

Why do Canada's carrying charges rules refuse to treat every investment-related cost as a deductible expense?

MG
Maya Gagnon
June 10, 2026 3,318 views 1 answer
Canadacarrying chargesinvestment expensesCRA

People in Canada often feel that if they borrowed to invest or paid fees around a portfolio, the tax deduction should be obvious. Please explain why CRA still filters these costs carefully, why registered accounts break the logic people expect, and why the purpose of the borrowing matters so much.

Have a similar question?

ForeignLLCTax members get expert answers with IRS citations. One CPA consultation costs $200+. Full access is $9.99/month.

Become a Member — $9.99/mo

Disclaimer: All content on ForeignLLCTax.com is created by a tax professional and is provided for general educational and informational purposes only. It does not constitute tax, legal, or accounting advice, and should not be relied upon as such. Every tax situation is different — for advice specific to your circumstances, please consult a licensed CPA, Enrolled Agent, or tax attorney. By using this website, purchasing a subscription, or accessing any tools or services, you acknowledge that no client-professional relationship is established between you and ForeignLLCTax.com or its operators. This website is not affiliated with the IRS.