CanPubCo also provided Fred with an interest-free loan of $18,000 on March 1, 2022 for...
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Accounting
CanPubCo also provided Fred with an interest-free loan of $18,000 on March 1, 2022 for the purpose of acquiring shares in CanPubCo. The loan is still outstanding at the end of the 2022 year. What amount must Fred include in his income in regards to the loan for the 2022 taxation year?
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