Refinancing Business Debt — Reduce Costs and Risk with Mackisen CPA Auditors Montreal

Refinancing business debt isn’t just about lowering rates—it’s about restructuring your company’s future. Mackisen CPA Auditors Montreal helps you consolidate, renegotiate, and refinance loans for maximum cash flow efficiency and tax compliance.

Legal and Regulatory Framework
Bank Act (Canada) Section 462: Permits loan restructuring under transparency conditions.
Income Tax Act (Canada) Section 20(1)(c): Governs interest deduction on income-generating debt.
Taxation Act (Quebec) Section 34: Requires accurate disclosure of refinanced liabilities.
CPA Canada Handbook Section 3856: Outlines rules for restructured debt accounting.
Financial Administration Act (Quebec): Mandates disclosure accuracy for lenders and CRA.

Key Court Decisions
Beaudoin v. The Queen (2020): Denied deduction for undocumented refinancing.
Simard Beaudry Construction v. Canada (2019): Approved CPA-verified refinancing plans.
Lincora Group v. Quebec (2019): Penalized reporting errors in refinancing.
Royal Bank v. Canada (2019): Supported CPA-certified restructuring for audit compliance.
Tremblay Holdings v. The Queen (2021): Validated CPA oversight as best practice.

Why CRA Reviews Refinancing
CRA verifies interest deductions and new repayment schedules. Incorrect reporting can trigger reassessment. Mackisen CPA Auditors Montreal ensures compliance, transparency, and cost savings.

Mackisen Strategy
Debt Evaluation — Analyze costs, terms, and tax impact.
CPA Documentation — Certify restructured loans and payment schedules.
Cash Flow Optimization — Reorganize debt to match revenue cycles.
Tax Reconciliation — Ensure deductibility under CRA rules.
Lender Representation — Manage communications and documentation.

Powering Client Needs and Relief
A Montreal distributor saved 32% in annual interest costs. A Quebec manufacturer consolidated five debts with CPA assistance. A Toronto startup improved credit rating post-refinancing.
How Mackisen Clients Benefit

• Lower interest and monthly payments

• CPA-certified compliance

• Better credit standing

• Reduced audit exposure

Common Questions
Is refinancing tax-neutral? Usually, yes.
Does CRA audit refinanced debt? Yes, frequently.
Can Mackisen negotiate with banks? Yes.
Can refinancing improve credit? Absolutely.
Do I need CPA certification? Strongly recommended.

Why Mackisen
Mackisen CPA Auditors Montreal makes refinancing strategic, compliant, and profitable.