Canada - Securities Lending and Repo Transactions: Canadian Income Tax Considerations
- C.J. Steeves
- Derivatives & Financial Instruments, 2013 (Volume 15), No 3
- 6 May 2013
Securities lending and repo transactions are an important part of the efficient operation of capital markets in Canada. Under Canadian tax law, the same technical rules generally govern the tax treatment and characterization of securities lending and repo transactions. This article provides a summary of the important Canadian federal tax considerations relevant to securities lending and repos, and analyses the impact of the Canadian tax rules.