Excessive Interest and Financing Expenses Limitation
TP-158.15.5-V
This form must be completed by a corporation or trust covered by the excessive interest and financing expenses limitation (EIFEL) or by a partnership that meets certain conditions. It is used to establish the deductibility, under EIFEL rules, of the interest and financing expenses (IFE) mentioned in the second paragraph of section 158.15.2 of the Taxation Act (TA) for a given taxation year or fiscal period of the taxpayer or partnership.