Translation of "Election to Capitalize Cost Borrowed Money " (English → French) :

Election to Capitalize Cost of Borrowed Money

capitalized interest cost | capitalized borrowing costs | capitalised borrowing costs | capitalized interest | interest capitalized

capitalized interest [ capitalized interest cost | capitalised borrowing costs | capitalized borrowing costs ]

if an election under this subsection is made in the taxpayer’s return of income under this Part for the particular year, paragraphs 20(1)(c), 20(1)(d), 20(1)(e) and 20(1)(e.1) do not apply to the amount or to the part of the amount specified in the election that, but for an election under this subsection in respect thereof, would be deductible in computing the taxpayer’s income (other than exempt income) for the particular year in respect of the borrowed money used to acquire the depreciable property or the amount ...[+++] payable for the depreciable property acquired by the taxpayer, and the amount or part of the amount, as the case may be, shall be added to the capital cost to the taxpayer of the depreciable property.

(d) all amounts that were or would be deductible in computing the insurer’s income for the year under paragraph 20(1)(a) of the Act in respect of the capital cost of the property or under paragraphs 20(1)(c) and (d) of the Act in respect of interest paid or payable on borrowed money used to acquire the property,

(2) No payment shall be made pursuant to subsection (1) in respect of a project unless the Provincial Minister demonstrates to the satisfaction of the Federal Minister that the rate of return in respect of that project that would have been obtained on behalf of Her Majesty in right of the Province, calculated in the manner prescribed, is equal to or greater than an annual rate of return on invested capital that is equal to the lesser of 20% and the aggregate of 7% and the average annual cost ...[+++] to the Province of borrowing money.

27. Emphasises that since the mid-1990s, public investment in the EU has been falling steadily, and that this trend has become more pronounced since the start of the financial crisis in 2008; notes, further, that project promoters are facing a credit squeeze and are finding it more difficult to borrow money on the capital markets; is convinced, therefore, that the continued development of IFIs at national and Union level could become a contributing factor if the Union is to ensure a coordinated return to smart , sustainable and inclusive growth