An allowable business investment loss is 50% of a business investment loss. The ABIL can be applied to all sources of income and carried forward and back as a non-capital loss.

by Tax Guy - Burlington Accountant on February 11, 2010 Print This Post
An allowable business investment loss is 50% of a business investment loss. The ABIL can be applied to all sources of income and carried forward and back as a non-capital loss.
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