Tag: Refinancing CEBA Loans
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Is the CEBA Loan Taxable? Understanding the Tax Implications
The Canada Emergency Business Account (CEBA) loan has been a crucial aid for small businesses during the COVID-19 pandemic, providing financial support to help them navigate through these challenging times. However, one question that often arises among recipients is regarding the taxability of the CEBA loan. In this blog post, we will explore in detail…