Tax Credit for Interest on a Loan Granted by a Seller-Lender and Guaranteed by La Financière agricole du Québec

You may be entitled to a refundable tax credit if you (or a partnership of which you are a member) paid interest on a loan granted by a seller after December 2, 2014, and guaranteed by La Financière agricole du Québec.

The credit is equal to either 40% of the interest attributable to 2016 that you paid or 40% of your share of such interest paid by the partnership of which you are a member.

For more information, see point 30 in the instructions for line 462 in the guide to the income tax return (TP-1.G-V).

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