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Friday, 2 June 2023

Tags: cap on interest expense

Deductibility of Interest Expense/Allowable Interest Expense

Posted on January 5, 2013 by Orlando Calundan | 12 Comments
It’s tax season and business and individuals with taxable year ending December 31 are starting to work on financial statements and tax returns.  One of the areas frequently confused about is the deductibility of interest expense, on what are the…
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